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Blog Category: Boeing

U.S., Mongolia Commit to Expand Bilateral Commercial Relations

President Tsakhiagiin Elbegdorj, Foreign Minister Zandanshatar, Secretary Locke at signing ceremony

Locke applauds historic Boeing aircraft deal

U.S. Secretary of Commerce Gary Locke and Mongolia’s President Tsakhiagiin Elbegdorj today announced agreements to expand cooperation on trade and economic issues, and support Mongolia’s aviation sector with technical assistance and training programs at a Blair House ceremony.

“Our trade relationship with Mongolia has deepened during the past several years,” Locke said. “We are pleased that U.S. exports to Mongolia have been increasing, and we look forward to continuing to work with President Elbegdorj and his government to strengthen our commercial ties.”

The Boeing Company also finalized a purchase agreement with MIAT Mongolian Airlines for one 767-300ER and two 737-800 aircraft valued at $245 million from The Boeing Company. This is the first direct purchase of Boeing aircraft by MIAT, and marks the first time in more than two decades that MIAT will extend its route network by purchasing Boeing airplanes instead of leasing them.

Locke and representatives from the United States Trade and Development Agency (USTDA) and the U.S. Department of Transportation’s Federal Aviation Administration (FAA) each signed agreements with Mongolian government and private sector officials promoting cooperation between the two nations.

Secretary Locke Joins President Obama to Announce Members of the President’s Export Council, Provide Progress Report on National Export Initiative

U.S. Secretary of Commerce Gary Locke joined President Barack Obama and Jim McNerney – chairman, president & CEO of The Boeing Company and chair of the President’s Export Council - today at the White House to announce members of the President’s Export Council. During his speech, the president provided a progress report on the National Export Initiative (NEI), which shows that the president’s goal of doubling exports and supporting several million new jobs over five years is on track, and that exports in the first four months of 2010 grew almost 17 percent from the same period last year. While introducing the president, Locke said that

“we must reinvest in innovation and do a better job of connecting U.S. companies with the 95 percent of the world’s consumers who live outside our borders. That’s where the National Export Initiative comes in. It’s an unprecedented government-wide effort to help double American exports by 2015, and it was designed with one overriding goal in mind: To put Americans back to work in jobs that provide security, dignity and a sense of hope for the future.”  

The president also announced new members of the President’s Export Council (PEC), a group that includes business and labor leaders who offer advice and expertise on how best to promote exports, congressional leaders and senior representatives of the administration.  President’s remarks  |  White House blog