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 United States federal executive departments, executive department of the Federal government of the United States, U.S. federal government responsible for the country's fore ...

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 fl ...

and prosperity at home and abroad. It reports to the

Under Secretary of State for Economic Growth, Energy, and the Environment The Under Secretary for Economic Growth, Energy, and the Environment is an undersecretary position within the United States Department of State. The Under Secretary for Economic Growth, Energy, and the Environment serves as senior economic advi ...

. The Bureau's work lies at the nexus of economic prosperity and

national security National security, or national defence, is the security and defence of a sovereign state, including its citizens, economy, and institutions, which is regarded as a duty of government. Originally conceived as protection against military atta ...

. 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 To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value tha ...

. As the single point where international

economic policy The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the e ...

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.

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 {{US-gov-stub