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American Embassy Commercial Service 27 Napier Road Tel 65 476-9037 Singapore 258508 Fax 65 476-9080 The US Commercial Service the business solutions unit of the Commerce Department helps US companies make their first international sale or expand their markets overseas Assistance includes identifying best markets effective market strategies distribution channels pricing and overseas representation With its mission to promote United States exports and support United States business interests the US Foreign Commercial Service offers a wide variety of programs and activities to help American companies prosper in the ASEAN Association of Southeast Asian Nations economies Currently ASEAN is focusing on Singapores technological and analytical education designed to support every childs endeavors according to their pace of learning and areas of profound interest One of Singapores most desirable accomplishments is their student to computer ratio 16 This opportunity demonstrates the countrys investment in their future for its people are their only natural resource Current strategic plans for the US Embassy of Singapore is SuccessASEAN which is a business initiative of the American Embassy in Singapore Under the leadership of Ambassador Green SuccessASEAN is designed to inform US business of the opportunities existing in Southeast Asia encourage them to take advantage of them and assist them in doing so through a comprehensive program of services In addition AFTA ASEAN Free Trade Area that is modeled after NAFTA North American Free Trade Agreement serves to unify the ASEAN market across a wide range of manufactured products The emergence of AFTA will attract foreign investors competing in the global market In response to external factors such as the Asian currency crisis in 1997 the United States Embassy has recovered from the financial devastation and continues to prosper economically One of the major causes of the currency crisis was poor financial
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