The Bureau of Economic and Business Affairs (EB) is a bureau of the
U.S. Department of State
The United States Department of State (DOS), or State Department, is an executive department of the U.S. federal government responsible for the country's foreign policy and relations. Equivalent to the ministry of foreign affairs of other ...
charged with promoting
economic security
Economic security or financial security is the condition of having stable income or other resources to support a standard of living now and in the foreseeable future. It includes:
* probable continued solvency
* predictability of the future cash ...
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
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...
,
piracy
Piracy is an act of robbery or criminal violence by ship or boat-borne attackers upon another ship or a coastal area, typically with the goal of stealing cargo and other valuable goods. Those who conduct acts of piracy are called pirates, v ...
, and
counterfeiting.
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.
[United States Department of State]
/ref> Since January 24, 2022 it has been headed by Ramin Toloui
Ramin Toloui is an American academic, civil servant, and financial advisor who serves as Assistant Secretary of State for Economic and Business Affairs in the Biden Administration.
Early life and education
Toloui was born and raised in Iowa ...
.
Organization
The Bureau of Economic and Business Affairs consists of the following divisions:
* 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
External links
*
EB
United States economic policy
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