PRESIDENT OBAMA ANNOUNCES THE NOMINATION OF LEOCADIA I. ZAK AS
DIRECTOR OF THE U.S. TRADE AND DEVELOPMENT AGENCY
ARLINGTON, VA (November 16, 2009) – Today, the White House announced the nomination of Ms. Leocadia I. Zak as Director of the U.S. Trade and Development Agency (USTDA). The Agency welcomes the nomination of Ms. Zak as we carry out our mission to advance economic development overseas and create export opportunities for U.S. goods and services. For more information on the nomination, please visit:
The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds various forms of technical assistance, feasibility studies, training, reverse trade missions and business workshops that support the development of a modern infrastructure and a fair and open trading environment. USTDA's strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment and sustainable economic development. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services.