Norway as an important trading partner for the US

Norway as an important trading partner for the United States. (Norway is the 5th fastest growing source of FDI into the US according to the US Bureau of Economic Analysis.)  NACC/MA’s Katharina Brekke Powers recently visited Norway to meet with Norwegian and US companies.  On May 21st in Kristiansand County and Næringsforeningen i Kristiansandsregionen, in cooperation with AmCham, Norway held a full-day symposium on “Multinationals In Kristiansand – Mobilizing for the Future”, which focused on attracting international businesses to the area.  Interesting speakers from Citigroup, BI Business School, and Merce gave presentations.  The day also included visits to three US-owned companies in Kristiansand – National Oilwell Varco, Air Products and Chemicals, Inc., and Oceaneering International, Inc.  These type of events are important in an effort to highlight business opportunities for both Norwegian and US companies and to continue foster the strong US-Norwegian trade relationship.