USPS and Commerce to launch partnership
A business partnership agreement between the USPS and the US Department of Commerce will be launched on 12 July. The business partnership will support the National Export Initiative and provide access to support for small and medium-sized enterprises interested in exporting to new foreign markets.
Currently, a relatively low percentage of American businesses export compared to other nations, and nearly 60% of all exporters sell to only one foreign market. More than 70% of the world’s purchasing power is outside the United States.
The Postal Service and Department of Commerce are expanding a partnership established in 2008. By working in cooperation to engage small and medium-sized enterprises interested in expanding into new markets, the doorway to exporting will become easier than ever for small and medium-sized companies in the US.
The Commerce Department, with its network of trade specialists posted in 109 US cities and at 128 US embassies and consulates in 77 countries, and the Postal Service, with its unparalleled access to communities across America and ability to serve as a gateway to the globe, together represent a significant resource for domestic companies seeking new markets as a pathway to growth.
