Services, investment, and digital trade are engines of economic growth in the 21st century. USTR’s Office of Services and Investment (SI) is responsible for developing and advancing an innovative U.S. trade policy that addresses the challenges of a rapidly changing world. Key responsibilities include:
- Free trade agreement (FTA) negotiations for cross-border trade in services, financial services, investment, telecommunications, and digital trade.
- Multilateral and plurilateral negotiations at the World Trade Organization (WTO) in the areas of services, investment, and digital trade, including the current plurilateral Joint Statement Initiative on Digital Trade and E-Commerce.
- Negotiations on bilateral investment treaties (BITs), covered agreements relating to insurance and reinsurance, digital trade agreements, and other bilateral instruments for which SI is lead or co-lead.
- Bilateral consultations for the enforcement of U.S. trade rights and the promotion of an open, fair, and transparent trade environment.
- Services, investment, and digital trade initiatives in international fora, including Asia-Pacific Economic Cooperation (APEC), the G20, the Organization for Economic Cooperation and Development (OECD), and the United Nations.
- Participation on the interagency Committee on Foreign Investment in the United States (CFIUS).