Arun Venkataraman named US Under Secretary of Commerce
Arun Venkataraman, an Indian-American leader, was sworn in as assistant. Secretary of Commerce for Global Markets and General Manager of the U.S. and Foreign Trade Service
FREMONT, CA: Arun Venkataraman, a well-known Indo-American expert on international trade policy, has been appointed Assistant Secretary of Commerce for Global Markets and Director General of the US Trade and Foreign Service of the International Trade Administration. Venkataraman will oversee a team of more than 1,400 people in 106 offices across the United States and 78 countries internationally, helping American companies in markets that represent 95% of global GDP and 97% of American trade. More than a thousand career experts specialize in export promotion, commercial diplomacy, and foreign direct investment to help American businesses grow in foreign markets and attract foreign direct investment to the United States.
According to an official statement, Venkataraman was chosen by President Joe Biden and confirmed by the US Senate to manage the federal government’s efforts to boost exports and encourage foreign investment. The Commerce Secretary commented on Arun’s expertise in trade law and trade policy and how that would be a tremendous asset. The Commerce Department is working to help U.S. businesses and employees recover from the economic damage caused by COVID-19. The Indian-American has over 20 years of international business expertise advising businesses, international organizations and the US government. Prior to his appointment, he served as an adviser to the Secretary of Commerce, advising the department on trade and other foreign economic issues.
Arun was a senior director at Visa before entering the Biden administration. He oversaw a global government engagement strategy on various international policy topics, including the digital economy, trade, taxation and sanctions. During the Obama administration, he served as director of policy for the International Trade Administration. He also has extensive legal experience, working as a legal officer for the World Trade Organization and as a trade and investment policy adviser at Steptoe & Johnson LLP. He also worked as a legal assistant at the United States Court of International Trade for Judge Jane A Restani. Venkataraman graduated from Columbia Law School with a Juris Doctor (JD), a Master of Arts in Law and Diplomacy from Fletcher School of Law and Diplomacy, and a BA from Tufts University.