Director of U.S. Trade and Development Agency: Who Is Leocadia Zak?
President Barack Obama turned to an agency veteran, Leocadia I. Zak to lead the U.S. Trade and Development Agency (USTDA). USTDA is an independent agency responsible for helping promote development in other countries while also advancing economic opportunities for US businesses. It carries out this dual mission by distributing funds to foreign projects that in turn hire American companies to perform such work as technical assistance, feasibility studies and training. Zak was confirmed by the U.S. Senate as USTDA director on March 10, 2010, and assumed office April 10.
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