Economic Statecraft
Program Funding
Annual program obligations reported to SAM.gov.
Program Objective
The Ports Prosperity Partnership builds connections between strategic foreign ports and compatible U.S. ports to encourage growth and knowledge transfer. The program enhances the economic activity and security of participating ports by fostering relationships with local government and commercial stakeholders, sharing best practices in port security, investment and innovation, conducting reciprocal port visits, and concluding MOUs.
Eligibility
Eligible Applicants
- Foreign Government
- International Organization
How to Apply
Decision Timeline
- Approval: From 90 to 120 days
Program details & compliance
Description
Expanding economic opportunities and strengthening conditions for growth in partner nations.
Mission Categories
Primary: Economic Development
Other categories:
International
Use of Funds
Allowed Uses
Projects that place economics and market forces at the center of U.S. foreign policy by both harnessing global economic forces to advance America’s foreign policy and employing the tools of foreign policy to shore up our economic strength. Projects can range in topic and method and may include central themes such as addressing consumer concerns; U.S. business practices and values; good governance and anti-corruption; regional economic integration; and entrepreneurship.
Restrictions
Federal funds may not be used for alcohol purchases or meals and refreshments reimbursement.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart E — Cost Principles
- Subpart F — Audit Requirements