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The Bureau of Economic and Business Affairs (EB) formulates and carries out U.S. foreign
economic policy, integrating U.S. economic interests with our foreign policy goals
so that U.S. firms and investors can compete on an equal basis with their counterparts overseas. EB implements American economic policy in cooperation with U.S. companies,
U.S. Government agencies, and other organizations.
Under the direction of Assistant Secretary of State Earl Anthony Wayne
, the bureau negotiates agreements with foreign governments and advances U.S. positions
in such international organizations as the International Monetary Fund or World Trade
Organization. EB officers:
* Work with the World Trade Organization to establish fair rules of international trade
* Lead U.S. negotiations on bilateral civil aviation treaties
* Negotiate bilateral and regional investment treaties in partnership with USTR
* Combat bribery in international commerce; and
* Coordinate issues related to economic sanctions.
The EB Bureau's organizational structure consists of five units, each headed by a
Deputy Assistant Secretary:
* Energy, Sanctions and Commodities (EB/ESC);
* International Communications and Information Policy (EB/CIP);
* International Finance and Development (EB/IFD);
* Trade Policy and Program (EB/TPP);
* Transportation Affairs (EB/TRA).
Civil and Foreign Service officers and support staff bring a wide variety of educational
and private sector backgrounds to offices in Washington, DC. They develop U.S. policy,
administer programs, negotiate, and represent the Department before Congress, U.S. business and industry, and international organizations. Overseas, embassy economic
officers lay the groundwork for negotiations, report on economic trends and the commercial
climate, and maintain constant contact with foreign governments to represent U.S. interests.
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