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Bureau of Economic and Business Affairs

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Bureau of Economic and Business Affairs
Seal of the United States Department of State
Bureau overview
JurisdictionExecutive branch of the United States
HeadquartersHarry S. Truman Building, Washington, D.C., United States
Employees222 (as of 2014)[1]
Annual budget$12.8 million (FY 2013)[1]
Bureau executives
Parent departmentU.S. Department of State
WebsiteOfficial Website

The Bureau of Economic and Business Affairs (EB) is a bureau within the U.S. Department of State tasked with promoting economic security and prosperity at home and abroad. It reports to the Under Secretary of State for Economic Growth, Energy, and the Environment. The Bureau's work lies at the nexus of economic prosperity and national security. In addition, EB also addresses a range of economic issues including intellectual property rights, piracy, and counterfeiting.[2] As the single point where international economic policy tools and threads converge, EB helps to promote a coherent economic policy across the U.S. government.[3] It is headed by the Assistant Secretary of State for Economic and Business Affairs. Ramin Toloui led the Bureau from January 2022 to June 2024.[4][5]

Organization

The Bureau of Economic and Business Affairs consists of the following divisions:[1][3][6]

  • Commercial and Business Affairs (EB/CBA);
  • Counter Threat Finance & Sanctions (EB/TFS);
  • Economic Policy Analysis & Public Diplomacy (EB/EPPD);
  • International Communications and Information Policy (EB/CIP);
  • International Finance & Development (EB/IFD);
  • Trade Policy and Negotiation (EB/TPN); and
  • Transportation Affairs (EB/TRA).

References

  1. ^ a b c "Inspection of the Bureau of Economic and Business Affairs" (PDF). Inspector General of the Department of State. February 2014. Archived from the original (PDF) on June 1, 2018. Retrieved April 1, 2016.
  2. ^ "Bureau of Economic and Business Affairs". AllGov. Retrieved April 1, 2016.
  3. ^ a b United States Department of State
  4. ^ "Ramin Toloui". United States Department of State. Retrieved July 10, 2024.
  5. ^ "Federal official visits ASU to build upon microelectronics partnership, address semiconductor goals". www.bizjournals.com. Retrieved July 10, 2024.
  6. ^ "1 FAM 420 Bureau of Economic and Business Affairs". Foreign Affairs Manual. February 5, 2015. Retrieved April 1, 2016.