Notice of Charter Renewal of the U.S. Investment Advisory Council and Soliciting Nominations for Members
| Published date | 22 April 2019 |
| Citation | 84 FR 16641 |
| Record Number | 2019-07986 |
| Section | Notices |
| Court | Commerce Department,International Trade Administration |
Federal Register, Volume 84 Issue 77 (Monday, April 22, 2019)
[Federal Register Volume 84, Number 77 (Monday, April 22, 2019)]
[Notices]
[Pages 16641-16643]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07986]
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DEPARTMENT OF COMMERCE
International Trade Administration
Notice of Charter Renewal of the U.S. Investment Advisory Council
and Soliciting Nominations for Members
AGENCY: International Trade Administration, Global Markets, U.S.
Department of Commerce.
ACTION: Notice of charter renewal of the U.S. Investment Advisory
Council and soliciting nominations for members.
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SUMMARY: On April 6, 2018, the Department of Commerce Acting Chief
Financial Officer and Assistant Secretary for Administration renewed
the charter for the United States Investment Advisory Council (Council)
ending April 5, 2020. The Council is a federal advisory committee under
the Federal Advisory Committee Act.
[[Page 16642]]
DATES: All applications for immediate consideration for appointment
must be received by 5:00 p.m. Eastern Daylight Time (EDT) on May 6,
2019. After that date, applications will be accepted under this notice
for a period of up to two years from the deadline to fill any vacancies
that may arise. Note: If you applied for the IAC based on the original
Federal Register Notice posted in April, your application remains valid
and you DO NOT NEED to re-apply.
ADDRESSES: Please submit applications by email to [email protected],
attention: Steven Meyers, SelectUSA, United States Investment Advisory
Council Executive Secretariat, or by mail to Steven Meyers, SelectUSA,
United States Investment Advisory Council, Room 30011, 1401
Constitution Avenue NW, Washington, DC 20230.
FOR FURTHER INFORMATION CONTACT: Steven Meyers, Designated Federal
Officer, SelectUSA, Room 30011, 1401 Constitution Avenue NW,
Washington, DC 20230, telephone: 202-482-2612, email: [email protected].
SUPPLEMENTARY INFORMATION: The United States Investment Advisory
Council (Council) was established by the Secretary of Commerce
(Secretary) pursuant to duties imposed by 15 U.S.C. 1512 upon the
Department and in compliance with the Federal Advisory Committee Act
(FACA), as amended, 5 U.S.C. App.
The Council functions solely as an advisory committee in accordance
with the provisions of FACA. In particular, the Council advises the
Secretary on government policies and programs that affect businesses
engaging in foreign direct investment (FDI), the expansion of domestic
operations, or the transferring of operations to the United States from
overseas. The IAC identifies and recommends programs and policies to
help the United States attract and retain business investment and
recommends ways to support the United States in remaining the world's
preeminent investment destination. The Council acts as a liaison among
the stakeholders represented by the membership and provides a forum for
the stakeholders to provide feedback on current and emerging issues
regarding FDI and business expansion.
The Council reports to the Secretary of Commerce on its activities
and recommendations regarding FDI and business investment. In creating
its reports, the Council is to survey and evaluate the investment and
investment-facilitating activities of stakeholders, identify and
examine specific problems facing potential business investors, and
examine the needs of stakeholders to inform the Council's efforts. The
Council is to recommend specific solutions to the problems and needs
that it identifies.
Each member is to be appointed for a term of two years and serves
at the pleasure of the Secretary. The Secretary may at his/her
discretion reappoint any member to an additional term or terms,
provided that the member proves to work effectively on the Council and
his/her knowledge and advice is still needed.
The Council consists of no more than forty (40) members appointed
by the Secretary. Members are to represent companies and organizations
investing, seeking to invest, seeking foreign investors, or
facilitating investment across many sectors, including but not limited
to:
U.S.-incorporated companies that are majority-owned by
foreign companies or by a foreign individual or individuals, or that
generate significant foreign direct investment (e.g., through their
supply chains);
Companies or entities whose business includes FDI-related
activities or the facilitation of FDI; and
U.S. incorporated companies, regardless of ownership, that
are considering expanding their operations in the United States or
transferring to the United States operations that are currently being
conducted overseas;
Economic development organizations and other U.S.
governmental and non-governmental organizations and associations whose
missions or activities include the promotion or facilitation of
business investment and/or FDI.
All members must be a U.S. national. Members shall be selected
based on their ability to carry out the objectives of the IAC, in
accordance with applicable Department of Commerce guidelines, in a
manner that ensures that the IAC is balanced in terms of points of
view, industry sector or subsector, and organizational type. Members
shall also represent a broad range of products and services and shall
be drawn from large, medium, and small enterprises, private-sector
organizations that have invested or are considering investing in the
United States, and other investment-related entities, including non-
governmental organizations, associations, and economic development
organizations.
For members selected on the basis of their involvement in FDI and
FDI-related activities, the IAC should also be balanced in terms of the
geographic sources and destinations of the FDI and the volume and
nature of FDI involved. For members selected on the basis of their
interest in expanding their operations in, or transferring operations
to the United States, the IAC should also be balanced in terms of the
size and nature of the operations under consideration for expansion or
transfer.
In selecting members, priority may be given to the selection of
executives, i.e., Chief Executive Officer, Executive Chairman,
President, or an officer with a comparable level of responsibility.
Members serve in a representative capacity, representing the views
and interests of their sponsoring entity and those of their particular
sector (if applicable), and they are, therefore, not Special Government
Employees. Members will receive no compensation for their participation
and will not be reimbursed for travel expenses related to Council
activities. Appointments to the Council shall be made without regard to
political affiliation. All members must be a U.S. national.
The Secretary designates a Chair and Vice Chair from among the
members. The Council will meet a minimum of two times a year, to the
extent practical, with additional meetings called at the discretion of
the Secretary or his/her designee. Meetings will be held in Washington,
DC or elsewhere in the United States, or by teleconference, as
feasible. Members are expected to attend a majority of Council
meetings.
To be considered for membership, submit the following information
by 5:00 p.m. EDT on May 6, 2019 to the email address listed in the
ADDRESSES section:
1. Name and title of the individual requesting consideration.
2. A sponsor letter on the sponsoring entity's letterhead
containing a brief statement of why the applicant should be considered
for membership on the Council. This sponsor letter should be written by
an individual senior to the applicant and address the applicant's
experience and leadership related to foreign direct investment or
business expansion. The letter can also come from a source outside the
company, preferably from someone whose business is related to the
applicants, and also in a senior position.
3. The applicant's personal resume and short bio (less than 300
words).
4. An affirmative statement that the applicant meets all
eligibility criteria, including an affirmative statement that the
applicant is not required to register as a foreign agent under the
Foreign Agents Registration Act of 1938, as amended.
5. Information regarding the ownership and control of the
sponsoring entity, including the stock holdings as appropriate.
[[Page 16643]]
6. The sponsoring entity's size, place of incorporation, product or
service line, major markets in which the entity operates, and the
entity's export or import experience.
7. A profile of the entity's foreign direct investment or expansion
activities, including investment activities, investment plans,
investment-facilitation activities, or other foreign direct investment
activities.
8. Brief statement describing how the applicant will contribute to
the work of the Council based on his or her unique experience and
perspective (not to exceed 100 words).
9. All relevant contact information, including mailing address,
fax, email, phone number, and support staff information where relevant.
Note: If you applied for the IAC based on the original Federal
Register Notice posted in April, your application remains valid and
you DO NOT NEED to re-apply.
Anthony Diaz,
Program Analyst, International Trade Administration.
[FR Doc. 2019-07986 Filed 4-19-19; 8:45 am]
BILLING CODE 3510-DR-P
