News & Insights

Jeannette Chu, NFTC Vice President for National Security Policy

WASHINGTON DC – National Foreign Trade Council (NFTC) today launched the “Alliance for National Security and Competitiveness,” a new effort to help businesses take a leadership role engaging on export controls, sanctions and investment policies.

Building on NFTC’s history of leadership on export controls and sanctions issues, the Alliance will help lead business community engagement on national security and competitiveness and serve as a partner to the government to inform policy-making.

“As national security interests continue to converge with economic security, it is vital that the voice of business is heard and that industry can inform policy making at all levels,” said Jeannette Chu, NFTC’s Vice President for National Security Policy, who will serve as Executive Director of the Alliance.

Speaking at the event announcing the Alliance’s formal launch, Deputy Secretary of Commerce Don Graves said, “At the Department of Commerce, we are fully engaged in our expanded role advancing the U.S.’s national security priorities. This new era calls for new methods of understanding and responding to the ever-evolving international landscape – one that places our country’s economic strength and toolkits at its center.” He added, “The U.S. private sector remains a critical partner in all our work as we drive forward the vital mission of protecting, promoting, and preserving our national security.”The Deputy Secretary delivered remarks and engaged in a fireside chat with NFTC President Jake Colvin.

The Alliance will inform on major political, policy and regulatory developments in the United States and key foreign jurisdictions by:

• emphasizing the need for thoughtful policies to bolster American security and competitiveness;
• strengthening relationships with key officials;
• developing best practices and model text to inform future regulatory and legislative efforts and
• encouraging multilateral cooperation, policy harmonization, and common licensing standards and practices where possible.

“The multisectoral nature of NFTC’s membership makes this Alliance a unique platform for convening the business community and building bridges across legislative, regulatory, diplomatic and policy communities. We look forward to supporting U.S. national security and enhancing competitiveness,” said Chu.

NFTC President Jake Colvin and Deputy Secretary of Commerce Don Graves

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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.