The Export Promotion Cabinet (“EPC”), a high-level interagency task force established by an Executive Order in March, has issued a report detailing its plans for doubling U.S. exports in the next five years. The National Export Initiative is focused on eight areas: increasing advocacy efforts on behalf of U.S. exporters, bringing more U.S. sellers and foreign buyers together, expanding small business export engagement and success, increasing access to export financing, reinforcing efforts to remove trade barriers, stepping up enforcement of trade rules and promoting policies internationally that will lead to strong, sustainable and balanced world economic growth. The EPC’s recommendations include: focusing advocacy, promotion and financing efforts on small and medium-sized enterprises; improving the federal government’s trade promotion programs with an emphasis on federal export assistance, trade missions, and increasing export credit; ensuring global economic recovery and growth; reducing barriers to trade and enforcing trade obligations; and focusing more promotion efforts on the export of services. The full report can be found here.