Hearing on Promoting U.S. Commerce in the Middle East and North Africa
January 1, 2015
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The Frame
The hearing examines the U.S. government's strategy for increasing the 1% of total U.S. foreign direct investment currently directed toward the Middle East and North Africa, which impacts how the State Department prioritizes commercial diplomacy and economic reform efforts in the region.
Potentially affected actors named in the source documents. Mention is not a position.
U.S. Department of State
The department is responsible for implementing the commercial and economic policies discussed during the hearing.
U.S. Businesses
These entities are the primary targets for increased investment opportunities in the Middle East and North Africa.
Last recorded activity January 1, 2015.
Next step not available in the current record.
Summary
Key Facts
- The Middle East and North Africa region accounts for approximately 5.5% of the world's population.
- The Middle East and North Africa region contributes just over 4% of the world's total GDP.
- The Middle East and North Africa region receives only 1% of the nearly $5 trillion in total U.S. foreign direct investment.
- The hearing was held on July 22, 2015, in the Rayburn House Office Building.
- The subcommittee requires regional nations to implement political and economic reforms to better integrate into the global economy.
- Witnesses included representatives from the Bureau of Near Eastern Affairs and the Bureau of Economic and Business Affairs.
Why It Matters
The hearing examines the U.S. government's strategy for increasing the 1% of total U.S. foreign direct investment currently directed toward the Middle East and North Africa, which impacts how the State Department prioritizes commercial diplomacy and economic reform efforts in the region.
Frequently Asked Questions
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Investment Disparity
The hearing highlights a significant gap between the region's population size and its share of U.S. foreign direct investment.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz5Current news / social attention level
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