New DOC Initiative with Post Office Aims to Boost Small Business Exports

(World Trade Interactive)

The Department of Commerce announced July 12 a new initiative with the U.S. Postal Service to help increase small business exports. The New Market Exporter Initiative will utilize “the combined strength of customized consulting from the Commerce Department’s Commercial Service officers and the value-based logistics expertise and business solutions from the Postal Service” to “provide a simplified roadmap for companies to successfully enter new markets.”

Specifically, through its network of 32,000 post offices and partner posts in 191 countries, the USPS will identify small and medium-sized businesses that already export and alert them to government sources that can help them find new overseas markets. The DOC, with its network of trade specialists in 109 U.S. cities and U.S. embassies and consulates in 77 countries, will serve as a resource to those companies and connect them with potential international buyers. Together, DOC and the USPS will work with these businesses to identify key markets, build market entry strategies and provide guidance for taking their products and services to markets worldwide. Read more here.