USTDA - U.S. Trade and Development Agency

07/18/2024 | Press release | Distributed by Public on 07/19/2024 00:20

USTDA Promotes Access to Quality Medical Products Across the Americas

Arlington, VA - The U.S. Trade and Development Agency (USTDA) has announced that it has approved funding, subject to Congressional notification, to organize a regional healthcare regulatory convergence workshop under the Americas Partnership for Economic Prosperity. The public-private workshop will develop action-oriented outcomes to improve market access for essential medical products across Latin America and the Caribbean.

The event will focus on ways to harmonize regulatory systems across Americas Partnership countries and with global best practices, while offering training on best value procurement practices that get countries the highest quality infrastructure for their money. It will take place in the region and provide opportunities for attendees to network and connect with industry leaders and government decision-makers.

This event will build on USTDA's longstanding partnerships with many Americas Partnership countries on priority infrastructure projects. For example, USTDA is supporting the development of a clean energy project in Colombia, a power sector modernization project in Costa Rica, energy storage regulations in the Dominican Republic, an intelligent transportation systems modernization project in Ecuador, and a digital connectivity project in Mexico.

USTDA's workshop will advance the goals of Americas RISE for Health to accelerate regulatory improvements, reduce trade and investment barriers, and build more resilient supply chains. It will also support other Biden-Harris Administration priorities, such as the Partnership for Global Infrastructure and Investment.

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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority infrastructure projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.

MEDIA INQUIRIES: Paul Marin | [email protected]