The Doyen Brief
Trade & Export Development

Washington Tripled the Price of Its Own Export and Investment Services

The US Commercial Service fee schedule that took effect on July 22 ended the small-business discount for exporters, and in a second table almost nobody read, it also tripled what an American economic development agency pays for a single overseas roadshow stop.

Quick hits

What moved, in brief.

01

Thailand's investment book grew by a third, and three-quarters of it sits in one sector

The Board of Investment reported $43.6 billion in domestic and foreign investment applications across 1,299 projects in the first half of 2026, up 37% on the same period a year earlier, with foreign applications alone up 80% to $40.5 billion. The digital sector accounted for $33 billion of that total. Approved projects are expected to create more than 82,000 jobs and to buy about $11.4 billion of domestic raw materials a year, 42% of what they consume. A pipeline that concentrated is a forecasting problem as much as a record.

TNGlobal: Thailand investment applications surge 37% to $43.6B in H1/2026, led by digital infrastructure
02

New Jersey's newest manufacturing win came from a company already on the campus

On July 23 the New Jersey Economic Development Authority board approved a $33.9 million award over five years to BeOne Medicines US Manufacturing for a $300 million small-molecule plant and 120 jobs at the company's Hopewell campus in Pennington, where it opened an $800 million facility in 2024. The authority says a nationwide site search preceded the decision. The competition was real and the incumbent site won it, which is what a working aftercare program looks like on paper.

NJEDA: Oncology Therapies Manufacturer Approved for NJEDA Next New Jersey Manufacturing Award
03

African investment reform is moving fastest on promotion and slowest on operations

Two reports published on June 19 by ODI Global with the AfCFTA Secretariat score how far state parties have implemented the Protocol on Investment, drawing on gap assessments across Djibouti, Eswatini, The Gambia, Ghana, Kenya, Cote d'Ivoire, Mauritius, Morocco, Senegal, Uganda and members of ECCAS. Kenya has formally designated its national focal point, but the authors find many focal points still lack mandates, standard procedures and budget. Intra-African investment is roughly 10% of inward FDI to the continent, and the reports note that most national promotion effort still points at investors from outside it.

ODI: AfCFTA Investment Protocol driving reform across Africa, new reports reveal
04

An embassy in Nairobi ran an investment campaign aimed at the neighbors

Ethiopia's embassy in Kenya staged a Promote Ethiopia event in Nairobi on July 24, with ambassador Bacha Debele pitching tourism, transport, energy, agriculture and manufacturing to Kenyan investors. Bilateral trade sits at about $200 million, and the Moyale one-stop border post has cut clearance times on the Nairobi to Addis Ababa road. Kuriftu Resorts founder Tadiwos Belete said he plans a Mombasa water park with Kenyan partners for 2027. This is the intra-African targeting the AfCFTA reports say is missing, and it is being run out of a diplomatic mission rather than an agency.

The Star: Kenya, Ethiopia push for deeper trade, tourism and investment links
05

India folded its export schemes into one six-year mission

The Union Cabinet approved an Export Promotion Mission with an outlay of Rs 25,060 crore, about US$2.83 billion, running to FY2030–31. It absorbs the Interest Equalisation Scheme and the Market Access Initiative into two arms: Niryat Protsahan for trade finance, interest subvention, factoring and collateral support, and Niryat Disha for quality and compliance, branding, warehousing, inland transport and trade intelligence. The Directorate General of Foreign Trade runs both on a single digital platform. The consolidation is the part other trade ministries will read closely.

PIB: Cabinet approves Export Promotion Mission to strengthen India's export ecosystem with an outlay of Rs.25,060 crore
Deep dive · Trade & Export Development

The exporter fee increases got the coverage. Table 2 is the one economic development agencies should have read.

Full cost recovery under OMB Circular A-25 took a five-stop overseas investment roadshow from $6,000 in agency fees to $18,000, before a flight is booked.

A standard Gold Key Service from the US Commercial Service cost a small American exporter $950 on July 21. On July 22 it cost $3,250. The revised user fee schedule, published in the Federal Register on June 22, 2026 at 91 FR 37077 and signed by Carlos Ortiz of the agency's Office of Strategy and Engagement, deleted the discount tiers that had priced these services by company size since the schedule of July 1, 2018.

The International Trade Administration gave two reasons. An independent cost study, built on an activity-based costing model and FY2023 budget data, found that the actual level of effort for most standard services ran higher than the 2016 analysis that set the outgoing fees. And OMB Circular A-25 requires agencies to recover an appropriate share of the full cost of a service that confers a benefit beyond the general public. The notice states the consequence without softening it: the previously listed discounts for small and medium enterprises are no longer available. A small firm's contact list went from $150 to $950, a rise of 533%. An initial market check went from $350 to $1,950, or 457%. An international partner search rose 233% and the Gold Key 242%. Large companies got a 4.4% cut on the Gold Key.

The trade press read this as a small-exporter story, and it is one. It is also a bill to American economic development organizations, who appear in Table 2 of the same notice and who never had a size discount to lose. A Facilitated Investment Mission, the roadshow an agency runs through Commercial Service posts overseas, went from $1,200 per stop to $3,600. A full International Company Profile, the background report an agency buys before it commits officer time to a foreign prospect, went from $700 to $2,000, and the partial version from $150 to $1,050. The hourly rate that prices everything else an agency asks for, seminars, single-location promotions, trade events, went from $30 to $90.

Those fees also exclude most of what a trip actually costs. The notice is explicit that translation, transportation, venue rental and catering are billed on top, and that moving ITA staff more than 80 kilometers or two hours from a post carries a further fee. A clause on alternative service providers adds that where a contractor's bill plus staff time exceeds the standard fee, ITA collects the difference. So a five-stop European roadshow that carried $6,000 in Commercial Service fees last year carries $18,000 this year. An agency holding last year's line item buys one stop where it bought five.

The strongest objection is not that agencies should work for free. It is that an underpriced fee is itself a rationing decision, and a poor one. When a Gold Key costs $950 against a delivery cost the agency's own 2016 model understated, scarce officer time at a post goes to whoever files first rather than to the firm with the better case, and the appropriation covers the gap. ITA's workload survey, distributed to every domestic and international field unit, is a more honest measure of what the service costs than the number it replaced, and a client who pays the true price has standing to complain when delivery is poor. Chris DiPentima, president and chief executive of the Connecticut Business and Industry Association, supplied the counterweight when he said the return on investment from these programs "is phenomenal." Both can hold. The old price was wrong, and the correction lands hardest on the users the Commercial Service's own authorizing statute names, which directs it to promote exports "particularly by small businesses and medium-sized businesses."

What would show this reading wrong is easy to watch for. CBIA reports that from fiscal 2022 through fiscal 2024 the Commercial Service assisted 960 Connecticut firms and fielded inquiries from 6,949 more, 82% of them small and medium-sized. If that client mix holds through fiscal 2027 at the new prices, the demand-sensitivity argument fails and the service was simply mispriced for a decade. ITA has committed to reassess the schedule after its first year of implementation, and at least every two years after that under Circular A-25. Comments go to GMCXTeam@trade.gov on a rolling basis, and the notice says ITA will not answer them but will use them to set the next revision. That review falls due in July 2027.

Price increases for small US firms and development agencies under the new fee schedule.
0% increase100% increase200% increase300% increase400% increase500% increase600% increase533% increase457% increase242% increase233% increase200% increaseContact listInitial market checkGold Key ServiceInternational Partner SearchInvestment roadshow, per stop

Percentage increase in US Commercial Service fees effective July 22, 2026, comparing the previous small-company rate, or for the investment roadshow the single rate charged to US economic development organizations, with the new standardized fee. Source: International Trade Administration, Federal Register, June 22, 2026, 91 FR 37077, Tables 1 and 2.

Why it matters for practitioners

  • Reprice your fiscal 2027 international line this week. If you budget for Commercial Service support, multiply last year's fee line by three and test whether the trip still survives, because the hourly rate that prices seminars, single-location promotions and trade events went from $30 to $90.
  • Buy the sequence, not the standalone. Table 8 of the notice keeps real discounts for stacked services: an initial market check bought first cuts a Gold Key to $1,350 if you order within 180 days, and an international partner search cuts it to $800 within 60 days. Sequencing now saves more money than negotiating.
  • Decide which of these services you should stop buying at all. At $2,000 for a full company profile and $1,050 for a partial one, an agency with an in-house research analyst owes itself an honest make-or-buy comparison rather than a default to the federal option.
  • Send a comment with numbers in it. ITA takes them on a rolling basis at GMCXTeam@trade.gov and says it will use them to shape the revision due after July 2027, so your own client-behavior evidence is worth more submitted this year than argued next year.

Sources

Previous issue · Friday, July 31, 2026Every capital is courting Guyana. The question a country of under a million people has to answer first is how much of the money it can actually hold onto.

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