Innovation, scale, stability and openness to fair competition are the hallmarks of the American free enterprise system. They allow America's economy to continually deliver growth and set the global trends across every sector. The proven rewards of our marketplace attract international investors who wish to participate in an enormous and diverse growth-oriented economy. The contribution of international investors to our success is substantial; annual foreign direct investment in the United States is nearly $200 billion.
Foreign investors recognize that American business welcomes global competition in our market so long as it brings the best ideas, high integrity and solid financing from a global network committed to American entrepreneurship and long-term growth. We also have the unique advantage of having the deepest and most liquid capital market in the world which greatly reduces the risk of investment in America. International investment in America economy will continue to drive our innovation, productivity, and economic growth.
The goal of the Invest in America! initiative is to promote opportunities for investment and partnerships that encourage sustainable growth in the US economy. The inaugural Invest in America! summit on April 12 will kick-off this initiative by convening international institutional investors with important US stakeholders including governors, mayors, development authorities and local chambers of commerce.
Panel discussions will focus on: State Success Stories & New Opportunities, Navigating the Committee on Foreign Investment in US (CFIUS), Public Private Partnerships and Foreign Direct Investment. WilmerHale Senior International Counsel Bob Kimmitt will interview Secretary of the Treasury Jacob Lew on "The Investment Climate" at this event.