2 0 1 0 A n n u a l R e p o r t

U . S . T r a d e a n d D e v e l o p m e n t A g e n c y
mission

The U.S. Trade and Development Agency helps companies create U.S. jobs through 

the export of U.S. goods and services for priority development projects in emerging 

economies. USTDA links U.S. businesses to export opportunities by funding project 

planning activities, pilot projects, and reverse trade missions while creating 

sustainable infrastructure and economic growth in partner countries.

Table of Contents

Message from the Director. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

2010 in Review: Meeting Challenges Through Innovation. . . . . . . . . . . . . . . . . . . . . . 3

Big Opportunities for Small Businesses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

International Business Partnership Program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

— Reverse Trade Missions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

— Conferences and Workshops. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Project Development Program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

— Feasibility Studies and Pilot Projects. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

— Technical Assistance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Client Resources. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Summary of FY 2010 Program Activities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

FY 2010 Program Activities Listed by Region. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Financial Information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
2010 ANNUAL REPORT	 1

M es sag e from the D irector

As a measure of our success, USTDA identified over

$2 billion in exports in Fiscal Year 2010 that were

attributable to our activities. USTDA’s export measure

grew to over $47 in U.S. exports for every program

dollar spent by the Agency. While supporting jobs

in the United States, USTDA’s activities also have

contributed to the economic development of our

partner countries overseas.

This year, USTDA placed increased emphasis on

promoting clean energy and supporting priority

transportation, information and communication

technology and environmental infrastructure projects

abroad. A hallmark of our program is to focus on

opportunities in which U.S. private sector goods and

services can play a leading role.

With a mission dually focused on exports and

development, USTDA is well positioned to respond

to President Obama’s call to double exports in five

years. During his State of the Union Address in

January 2010, the President announced the National 

Export Initiative, a commitment to ensure continued

U.S. economic growth through increased exports. He

subsequently named key players, including USTDA,

to his new Export Promotion Cabinet. The Agency

is working diligently with other Export Promotion

Cabinet members to develop and implement an

aggressive strategy to accomplish the President’s

commitment to double exports.

In support of the National Export Initiative, USTDA

launched a new International Business Partnership 

Program (IBPP) to bring international buyers together

with U.S. manufacturers and service providers, and

thereby open new export markets and commercial

opportunities around the world. As part of the IBPP,

USTDA organized a substantially increased number of

reverse trade missions. This year, foreign buyers have

visited sites, operations, manufacturing facilities and

business headquarters across the United States. The

Agency has already recorded measurable export results

from these buyers’ trips.

During the President’s visit to China in November

2009, USTDA, along with the Departments of

Commerce and Energy, launched the U.S.-China

Energy Cooperation Program, a public-private

partnership between the two countries and U.S.

private industry. The program began with 24 U.S.

company founding members. By the close of the fiscal

year, over 40 U.S. companies, large and small, were

members, creating a dynamic opportunity for U.S.

exporters to work directly with Chinese buyers and

other decision makers.

In sub-Saharan Africa, USTDA found significant

demand for innovative U.S. technologies, especially

in the areas of clean energy and information and

communication technology. In response, the Agency

established two signature regional initiatives—

U.S. Trade and Development Agency Director Leocadia I. Zak

During the past fiscal year, the U.S. Trade and Development Agency (USTDA) 

continued to demonstrate both the importance of its unique mission and its 

ability to achieve outstanding results. Through a combination of new and timetested programs, the Agency helped U.S. companies create jobs here at home through 

the export of U.S. goods and services and encouraged economic growth through the 

development of sustainable infrastructure in our partner countries. 
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2	 U.S. TRADE AND DEVELOPMENT AGENCY

the African Clean Energy Solution Initiative and the

East Africa Broadband Connectivity Initiative. These

initiatives are creating partnerships between U.S.

technology providers and African leaders responsible

for modernizing the continent’s infrastructure.

This year, USTDA initiated an extensive outreach

effort to increase the number of U.S. companies

involved in exporting. This effort led to outreach 

meetings with U.S. businesses in Boston, Chicago,

Los Angeles, Denver and Seattle, among other cities.

The Agency’s accomplishments during this past

year are directly attributable to USTDA’s talented

and dedicated staff, our private sector clients,

cooperating federal and state agencies, and our

committed partners in foreign countries working

together. I am confident that USTDA will continue to

play an important role in opening foreign markets to

increased U.S. exports while encouraging economic

development in our partner countries.

Leocadia I. Zak

Director, U.S. Trade and Development Agency

During FY 2010, USTDA identified U.S.

companies in 39 states and the District

of Columbia that benefitted from projects

supported by Agency activities.

M es sag e from the D irector
2010 ANNUAL REPORT	 3

This past year, USTDA launched a 

number of innovative programs 

and initiatives designed to open 

markets to U.S. exports and enhance 

business opportunities abroad for U.S. 

firms. Some of these are highlighted below. 

The President’s Visit to China

In early FY 2010, USTDA participated in

President Obama’s state visit to China. For

USTDA, the highlight of the visit was the launch

of the U.S.‐China Energy Cooperation Program

(U.S.‐China ECP), a creative partnership of U.S.

and Chinese public and private sectors working

together to advance clean energy projects in China.

Since the launch of the U.S.-China ECP, USTDA has

undertaken several activities aimed at advancing

the export of U.S clean energy and energy efficient

goods and services. For example, USTDA hosted

a visit for mayors of leading Chinese cities to

introduce them to U.S. energy efficient building

2010: Meeting Challenges 

Through Innovation

Shutterstock

© JASON REED/Reuters/Corbis

2 0 1 0 in rev i ew

President Obama at his 2010 State of the Union address 

announcing the National Export Initiative.

Earthquake devastation in Haiti.

technologies where the delegates visited U.S.

energy efficient buildings and manufacturers

of energy-saving technologies. They also

learned about the economic benefits and

energy savings associated with energy efficient

commercial and government buildings.

Response to Earthquake in Haiti

In the aftermath of the January 12, 2010

earthquake in Haiti, USTDA responded to the

tremendous infrastructure needs in the country

resulting from the devastation caused by the

earthquake. USTDA immediately supported

an update to an electricity generation,

transmission, and distribution feasibility

study that had been completed in 2007. This

update has already become an important

resource for defining priority areas in need

of immediate reconstruction.

As a longer-term contribution in the

electricity sector, USTDA also funded a

technical assistance program to develop a

comprehensive power sector planning and

expansion strategy, which will analyze least

cost energy sector expansion options and
4	 U.S. TRADE AND DEVELOPMENT AGENCY

2 0 1 0 in rev i ew

provide recommendations on new power generation

options. USTDA is also providing technical

assistance to help local officials identify areas that

need immediate reconstruction at Port-au-Prince

International Airport.

Support for sub-Saharan 

African Development

During FY 2010, USTDA demonstrated how its

breadth and variety of program tools could support

the building of sub-Saharan Africa’s infrastructure for

trade and development with U.S.-based technologies.

As part of the 9th Annual African Growth and 

Opportunity Act (AGOA) Forum in August 2010,

USTDA announced targeted initiatives in the

clean energy and information and communication

technology sectors, as well as a regional agribusiness

reverse trade mission.

Energy. The African Clean Energy Solutions (ACES) 

Initiative was launched in support of the National

Export Initiative’s goal to double U.S. exports over

five years by introducing project sponsors from

sub‐Saharan Africa to state-of-the-art U.S. clean

energy technologies. The ACES Initiative supports

AGOA’s objectives of facilitating trade through the

development of an energy infrastructure that will

be clean, reliable and affordable. Already USTDA

has supported a feasibility study to modernize

Angola’s transmission and distribution grid, and

two technical assistance programs to: 1) foster the

growth of Kenya’s geothermal power sector and

2) minimize power losses on Nigeria’s power grid.

Information and communication 

technology. The AGOA Forum also provided

an outstanding venue to highlight the role of

information and communication technology

(ICT) in promoting sustainable development

with U.S.-based technologies. USTDA announced

its East Africa Broadband Connectivity (EABC) 

Initiative, to provide a framework for advancing

investment in ICT infrastructure, applications and

integration in East Africa. The EABC Initiative

includes USTDA support for an e-Health Workshop

for the East African Community (EAC) countries

of Burundi, Kenya, Rwanda, Tanzania and Uganda;

a cybersecurity reverse trade mission for senior

officials of the Government of Kenya; and technical

assistance for the central banks of Rwanda and

Tanzania. The latter two activities will improve

domestic financial management and promote

harmonized national payment systems among

EAC member countries.

Agribusiness. During the AGOA Forum, USTDA

also hosted a reverse trade mission comprised

primarily of private sector African agribusinesses

seeking to improve food productivity and security

through the application of U.S.-based irrigation,

food production and food processing technologies.

The delegation presented their procurement needs

and investment plans to U.S. businesses during the

Kansas City, Missouri, portion of the AGOA Forum,

and visited U.S. technology providers in Idaho,

Iowa, Kansas, Minnesota, Missouri, Nebraska

and North Dakota. The trade delegation included

leading agribusiness firms from Angola, Kenya,

Nigeria, South Africa, Tanzania and Zambia.

African delegates looking at John Deere harvesting equipment in 

Idaho during a regional agribusiness reverse trade mission. 
2010 ANNUAL REPORT	 5

Cooperation Programs

Over the past few years, USTDA has launched

a number of cooperation programs which have

brought U.S. private and public sectors together

to open markets for U.S. goods and services in

emerging markets with a particular focus in the

aviation arena. Below are a few highlights.

China. The success of the U.S.-China Aviation

Cooperation Program (U.S.-China ACP), which now

includes 50 U.S. company members as well as the

U.S. Department of Commerce and Federal Aviation

Administration, is a prime example of the benefits

of working together.

Under the U.S.-China ACP, USTDA continued its

support of an executive management development

training (EMDT) program. Last year, USTDA

brought 35 rising leaders from China’s aviation

sector to the United States to work closely with

members of the U.S. aviation industry. The

EMDT program focuses on management skills

and aviation safety and security while building

relationships that result in increased long-term

commercial opportunities for U.S. companies.

In the last year alone, U.S. member companies

reported over $720 million in exports, which supported several thousand U.S. jobs resulting from

activities under the U.S.-China ACP. The exports

include successes from large corporations as well as

smaller firms.

India. More recently, USTDA launched the U.S.-

India Aviation Cooperation Program, comprised

of 31 U.S. member companies working with their

Indian partners to ensure continued growth in

India’s aviation sector. Early in FY 2010, USTDA

hosted a highly successful U.S.-India Aviation 

Partnership Summit in Washington, D.C. The Summit brought together senior-level public and private

sector aviation officials to identify opportunities for

closer cooperation.

Latin America and the Caribbean. During

FY 2010, USTDA launched the Aviation Cooperation 

Initiative of the Americas, which is opening markets

in the Latin America and Caribbean (LAC) region

to greater exports of U.S. aviation products and

services. This Initiative links U.S. industry to information on aviation project opportunities in the LAC 

region. The Initiative is focused on general aviation

and light aircraft technologies, air traffic control

and navigation systems, and airport modernization

solutions. Already, an LAC delegation participated

in a USTDA-sponsored seminar on the Cape Town

Treaty, which introduced the delegates to how they

can reduce financing costs when purchasing aircraft.

Following this seminar, USTDA hosted a reverse

trade mission focused on how U.S. airport

modernization technologies could support the

LAC region’s efforts to strengthen their airport

systems. Delegates from Belize, Brazil, Chile,

Colombia, Guatemala, Haiti, Mexico, Panama and

Paraguay participated in a ten-day visit to the

United States, which included meetings with U.S.

industry members, financial institutions, industry

associations and U.S. government agencies. The

delegates also visited airport facilities in Dallas,

Chicago and Washington, D.C.

Visit of Chinese aviation officials to Hartsfield-Jackson Atlanta International 

Airport to see U.S.-manufactured emergency response equipment in operation.
6	 U.S. TRADE AND DEVELOPMENT AGENCY

In fact, over 90% of contracts

awarded by USTDA are performed

by small businesses. Furthermore,

over 40% of grants awarded

to overseas project sponsors

directly lead to contracts with U.S.

small businesses.

Many small businesses have

expanded their markets through

the international contacts made

while working with USTDA. For

example, Millennium Science and

Engineering (MSE), which was

a domestic only environmental

engineering firm, leveraged its

work for USTDA into international

sales contracts with foreign clients

around the world. Working on

USTDA-funded feasibility studies

and technical assistance, MSE

was introduced to future foreign

clients, opening the door for

further business opportunities.

MSE now has a network of local

affiliates in Asia, Latin America

and Africa to continue building

international sales.

Similarly, U.S. manufacturers such

as Bio-Microbics (see page 11)

have participated in USTDAsponsored events that led to

export sales of U.S.-manufactured

equipment. In each case, USTDA

served as a catalyst for U.S.

small businesses to expand their

international markets.

To expand its outreach to the

small business community,

USTDA partnered with the

Small Business Administration

(SBA) to increase small business

participation in USTDA-sponsored

reverse trade missions. This

increased engagement is raising

the profile of small businesses

with international buyers who may

not have been familiar with the

unique technologies and services

small U.S. companies can provide

to potential overseas clients.

Big Opportunities 

for Small Businesses

USTDA draws extensively on the expertise of 

small consulting and engineering firms to 

provide a variety of services related to project 

definition and evaluation. 

2 0 1 0 in rev i ew
2010 ANNUAL REPORT	 7

international bus ines s partners h i p prog ram

Reverse Trade Missions: Fast Forward

Opening Export Markets 

Around the World

USTDA’s Annual Report is designed not only to report 

on the fiscal year, but also, to showcase our “toolbox” of 

activities and programs to help U.S. businesses achieve 

President Obama’s goal to double U.S. exports in five years. 

To support the goals of the National 

Export Initiative, USTDA significantly

increased the number of reverse trade

missions it funded and organized.

These carefully planned missions

enable foreign delegates to visit the

U.S. and observe the design, manufacture, demonstration and operation of

goods and services that could help the

delegates achieve their development

goals. The missions also present excellent opportunities for U.S. businesses to

establish or enhance relationships with

prospective overseas customers and

clients. The visits have led to some of

the biggest export successes achieved

by the Agency.

This past year, USTDA introduced

almost 300 foreign delegates from

35 countries to more than 750 U.S.

companies across the United States.

These foreign delegates included

ministers, mayors, and senior

governmental and private sector

officials from emerging markets.

India. For example, USTDA hosted

an Indian delegation at the Solar 

Power International Conference in

Los Angeles, California. Comprised

of private sector officials, federal and

state regulators, and energy officials,

the delegation also visited the U.S.

Department of Energy’s National

Renewable Energy Laboratory (NREL),

U.S. municipal regulators in the City of

Anaheim, and U.S. companies including

SolarWorld USA, eSolar, and Nevada

Solar One. The Indian delegation

observed U.S. technologies in operation.

They also were introduced to the efforts

federal, state and local governments

are taking to increase clean energy

production across the United States.

China. Reverse trade missions

often help U.S. industries begin or

expand exports. For example, in

response to China’s need for rail

and locomotive equipment to meet

increased demand, USTDA sponsored

a visit for twelve senior officials from

the Chinese Ministry of Railways to

Chicago, IL, Erie, PA, New York, NY and

Washington, DC. The visit highlighted

leading U.S. rail and locomotive

products and services with an emphasis

on energy efficient U.S. solutions that

would be suitable for China’s rapidly

expanding rail system. To date, the visit

has resulted in U.S. exports of energyefficient locomotive engines totaling

over $100 million.

Indian delegation visits eSolar’s 

Sierra SunTower solar power facility 

in Lancaster, CA. 
8	 U.S. TRADE AND DEVELOPMENT AGENCY

international bus ines s partners h i p prog ram

Indonesia. Reverse trade missions

are also designed to respond

to specific needs of our foreign

partners. For example, USTDA

sponsored a visit for a delegation

from Indonesia’s National Search and

Rescue Agency (BASARNAS), which

expects to procure over $210 million

in helicopters and communications

infrastructure over the next five years.

BASARNAS is also exploring longer

range needs for rescue vehicles,

boats and fixed-wing aircraft. The

delegation visited U.S. technology

and service providers, including

Oshkosh, Harris Corporation and

Sikorsky, as well as the Federal

Emergency Management Agency

and the U.S. Coast Guard.

Latin American and the 

Caribbean. USTDA also

implemented its Clean Energy 

Exchange Program for the Americas 

initiative, a six-part series of reverse

trade missions to familiarize key

Latin American and Caribbean

project sponsors with U.S. clean

energy technologies in the wind,

solar, mini-hydro, geothermal

and waste-to-energy fields. Each

visit included meetings with U.S.

companies, financial institutions

and U.S. government agencies,

which facilitated discussions on

project opportunities, regulatory

challenges, technology options and

financing strategies associated with

such projects.

Pakistan. USTDA also sponsored

a reverse trade mission that

introduced Pakistani delegates to

biomass cogeneration technologies

as an efficient method for energy

conservation, pollution reduction

and increasing generating capacity.

The delegation of government

officials and private sector executives

were briefed on U.S. policies,

financing programs, and industry

and local government initiatives

aimed at promoting biomass-based

cogeneration. Because biomass

power generation holds the potential

to supply more than 3000 MW of

new energy to Pakistan’s national

grid in the coming years, the

reverse trade mission opens U.S.

technology suppliers to substantial

business opportunities.

Reverse Trade Missions (continued)

Delegation from Indonesia’s National Search and Rescue Agency visiting U.S. Coast Guard 

facility to observe U.S. search and rescue equipment in operation. 

Pakistani delegation visiting 

biomass-based cogeneration 

energy facility in Louisiana. 
◗

2010 ANNUAL REPORT	 9

This year, USTDA worked with representatives

of the public and private sectors in South Africa

to reduce energy consumption by investing in

energy efficient technologies. This program

included a training session in South Africa and a

reverse trade mission that introduced delegates

to energy efficient technologies, equipment,

and best practices. Based on this experience

and a relationship forged during the reverse

trade mission to the United States, the General

Manager of Store Development for Pick n Pay,

a grocery chain in South Africa with over 700

stores, placed a breakthrough order for energy

efficient skylights from Sunoptics (Sacramento,

CA) to enhance natural lighting for its new

flagship store that opened in October 2010.

Use of these patented prismatic skylights is

estimated to reduce energy costs by 70% to 80%.

It is anticipated that the initial sales for Sunoptics

will lead to future orders in South Africa.

Success Story: 

Brighter Sales in South Africa

◗

Pick n Pay’s flagship store 

with Sunoptics’ prismatic 

skylights installed. 

Sunoptics’ manufacturing facility in Sacramento, California. 
10	 U.S. TRADE AND DEVELOPMENT AGENCY

international bus ines s partners h i p prog ram

In FY 2010, USTDA hosted over 35

conferences and workshops in the United

States and overseas that brought together

more than 3000 foreign delegates with over

1000 U.S. company representatives and

government officials.

Sub-Saharan Africa. In early FY 2010,

USTDA sponsored the U.S. and Sub-Saharan 

Africa: Partners in Aviation Conference

in Atlanta, Georgia. The three-day conference promoted U.S. technical solutions

for sub-Saharan Africa’s growing aviation

market and included discussions on key

issues related to air traffic management

Conferences and Workshops:

Networking that Works

and control, aviation security and airspace

utilization. Senior decision makers from 15

African countries met with U.S. private sector

technology providers, industry associations

and representatives from the U.S. Department of Transportation, the Federal Aviation

Administration, and USTDA.

With the help and enthusiastic support of

the City of Atlanta, conference participants

also observed U.S. aviation technology in

operation through a series of tours at the

Hartsfield-Jackson Atlanta International

Airport. In total, the conference profiled 30

project opportunities across the continent of

Africa valued at over $2.7 billion.

India. In FY 2010, USTDA sponsored the

second U.S.-India Aviation Partnership 

Summit. The Washington, DC event attracted

senior-level public and private sector

aviation officials from India and the United

States. Working with the Federal Aviation

Administration, the India Ministry of Civil

Aviation, the India Directorate General of

Civil Aviation and the Airports Authority

of India, the summit fostered U.S. industry

collaboration and support for India’s rapidly

growing aviation sector, which includes not

only significant passenger and air cargo

increases, but new international airports.

Participants at U.S. 

and Sub-Saharan 

Africa: Partners in 

Aviation Conference

visit to Hartsfield–

Jackson Atlanta 

International Airport. 

USTDA-sponsored conferences and workshops provide export 

opportunities for U.S. companies. The events provide a 

forum for U.S. companies to highlight their goods, services 

and technology, and to have one-on-one sessions with foreign project 

sponsors and other potential customers. The meetings also provide 

U.S. companies with an understanding of U.S. government programs 

and the role they can play supporting increased exports—from 

advocacy support to export financing options. 
2010 ANNUAL REPORT	 11

Success Story: 

Fast Results in the Philippines

◗

In June 2010, during an environmental

workshop in the Philippines, USTDA

introduced representatives from the Manila

Water Company (MWC) to Bio-Microbics, a

small business headquartered in Shawnee,

Kansas. As a direct result of this workshop

and an ongoing USTDA-funded feasibility

study on wastewater treatment facilities in

the Philippines, Bio-Microbics secured new

sales contracts with MWC. Bio-Microbics

received sales orders during the workshop

itself, and company President Robert Rebori

later stated that the event,

“resulted in immediate and

likely long-term sales for

Bio-Microbics....”

Southeast Asia. USTDA hosted

the ASEAN Clean Energy Trade and 

Investment Forum in Manila in April 2010,

in cooperation with the U.S. Department

of State and the Association of Southeast

Asian Nations (ASEAN) Secretariat. The

three-day forum attracted public and

private sector officials from the ASEAN

region, U.S. industry representatives

and U.S. government officials. The first

of its kind, the forum highlighted U.S.

clean energy technologies, best practices

and innovations, as well as project

opportunities in Southeast Asia.

Middle East and North Africa. 

In May 2010, USTDA sponsored MENA 

Power 2010 in Cairo, Egypt. The event

introduced senior policymakers and

project sponsors in the Middle East and

North Africa region’s power sector to

U.S. providers of advanced equipment

and service solutions. The conference

highlighted projects in power generation,

transmission, distribution and regional

interconnection. Public and private sector

project sponsors, including officials from

Turkey, Egypt, Iraq and Morocco, presented

more than 30 project opportunities

valued at more than $25 billion. The

forum matched U.S. companies with local

project developers poised to modernize

the region’s electricity infrastructure.

Above: Larry Batliner on the manufacturing line at Bio-Microbics’ Shawnee, 

Kansas facility. 

Pictured at top: Bio-Microbics headquarters and wastewater treatment technologies.
12	 U.S. TRADE AND DEVELOPMENT AGENCY

Project D evelopment prog ram

Feasibility Studies and Pilot Projects:

Getting It Right From the Start

Agency-funded and U.S.-led feasibility studies link foreign 

project sponsors with U.S. businesses at the critical early 

stage when technology options and project requirements 

are being defined. These studies provide the comprehensive analysis 

required for major infrastructure investments to achieve financing 

and implementation. 

In some cases, export opportunities depend

on a demonstration of the U.S. seller’s

goods, services or technologies in the

foreign buyer’s setting. USTDA-funded

pilot projects demonstrate the effectiveness

of U.S. solutions and provide the analysis,

evaluation and empirical data needed for

potential foreign projects to secure funding.

Pilot projects have proven to be an excellent tool to showcase U.S. capabilities.

South Africa. Several years of strong

economic growth have pushed electricity

demand in South Africa to the limits of their

current generation capacity. To help address

critical concerns over South Africa’s declining electricity reserve margin, in September

2010 USTDA provided a feasibility study

grant to eThekwini Electricity, South Africa’s

leading power distribution company, to support the deployment of advanced electricity

metering—smart meters—in Durban, South

Africa. These measures to streamline South

Africa’s electricity demand will be critical to

the country’s short-term growth prospects,

as significant new generation capacity is not

expected to come online in the near future.

The deployment of smart metering

programs in South Africa also will result

in significant export opportunities

for U.S. firms providing the software,

communications and other advanced

technologies for such systems.

Following the grant signing with eThekwini Electricity, U.S. 

Ambassador to South Africa Donald H. Gips (pictured above) 

noted, “The feasibility study funded by USTDA will support 

eThekwini Electricity in developing a flagship smart metering 

program for South Africa that will provide a technological 

foundation for improved demandside management policies 

and regulations.” 

Brazil. USTDA also provided feasibility

study funding to the Secretariat of Ports

to assist Brazil’s development of a vessel

traffic management system at several of

the country’s busiest ports. The study is

providing a roadmap for the acquisition and

installation of technologies to help track

vessel traffic along its coastline, thereby

reducing the possibility of collisions

between vessels or with stationary offshore

objects. The implementation of the project

presents significant opportunities for U.S.

vessel traffic management technologies

and services.
2010 ANNUAL REPORT	 13

Success Story: 

Clean Energy, Clear 

Benefits in Thailand

In recent years, USTDA has helped Thailand’s

state-owned oil and gas company, PTT, identify

the optimum design and specifications for

the country’s first liquefied natural gas (LNG)

receiving terminal at Map Ta Phut. This terminal is

needed to meet Thailand’s growing requirements

for clean gas fuels and to avoid additional

coal-based power generation. As a result of a

USTDA-funded feasibility study conducted by

Pace Global Energy, full project implementation

is now underway on this $1 billion project. To date,

at least 22 U.S. companies from 13 states have

entered into contracts to provide services and

technologies critical to the success of the terminal.

China. USTDA is also supporting ◗

the advancement of U.S. clean coal

power systems in China. USTDA’s

funding of a feasibility study for China

Power Engineering Consulting Group

Corporation will assist in establishing

the configuration and design parameters

for the first large-scale integrated

gasification combine cycle (IGCC) power

plant in China, a potential solution to

China’s continued reliance on coal-fired

power plants.

Pakistan. To support long-term economic growth in Pakistan, USTDA is

funding a feasibility study and pilot project

to determine the commercial viability of

installing solar photovoltaic (PV) power

systems at hundreds of schools throughout

the country. The study includes a pilot

installation of a solar PV system in the

Beaconhouse School System, which suffers

from frequent power “brown-outs.” Because

solar power can provide uninterrupted

electricity at peak periods, this project

holds the potential to stabilize power

costs for Beaconhouse and provide greater

consistency of power to the students

and teachers.

The Caribbean. To leverage the InterAmerican Development Bank’s funding

resources through its Caribbean Regional

Fund for Wastewater Management,

USTDA is assisting Belize’s Ministry

of Finance in developing a plan for an

effective wastewater management system

on the Placencia Peninsula. This feasibility

study assistance will help to identify

suitable wastewater collection, treatment

and disposal technologies. The project

illustrates how USTDA funding, combined

with U.S. industry technical expertise,

can facilitate access to multilateral

funding resources as countries address

environmental challenges.

Ongoing construction 

of new LNG terminal at 

Map Ta Phut, Thailand
14	 U.S. TRADE AND DEVELOPMENT AGENCY

USTDA advances economic development in partner countries 

by funding technical assistance that supports legal and 

regulatory reform related to commercial activities and 

infrastructure development, the establishment of industry standards, 

and other market-opening activities. These technical assistance 

programs facilitate favorable business and trade environments for 

U.S. goods and services. Technical assistance is a significant component 

of USTDA’s strategy for creating U.S. exports and U.S. jobs, while at 

the same time promoting economic growth in partner countries.

East Africa. In 2010, USTDA formed the

East Africa Broadband Connectivity (EABC)

Initiative that will advance investments

in ICT infrastructure, applications and

integration in East Africa.

USTDA’s support for the development of

the SEACOM and EASSy undersea fiber

optic cables has helped ICT technologies

to leapfrog in East Africa, by dramatically

increasing connectivity and drastically

Technical Assistance:

Providing Needed Know-How

reducing prices for ICT services. To

take advantage of these new opportunities, USTDA is supporting the Bank of

Tanzania’s efforts to develop an ICT

modernization roadmap to help increase

efficiency, maintain price stability and

carry out critical central banking functions.

Working with the Rwandan National

Bank (BNR), USTDA is also helping build

technical capability to provide real-time

cash balance information to policymakers

in Rwanda, to support more effective fiscal

policy formulation and budget execution at

the Ministry of Finance.

Indonesia. USTDA is supporting the

design of an air quality monitoring and

improvement network in Indonesia to

facilitate local environmental policy

decisions concerning use of technologies

to track industrial pollution. This

network will help Jakarta assess the air

pollution from transportation, industrial

and other domestic sources, while also

opening opportunities for U.S. exports

of air quality monitoring equipment and

consulting services.

SEACOM CEO 

Brian Herlihy 

(pictured left) 

aboard a ship 

laying undersea 

fiber optic cable, 

which is facilitating 

deployment of 

next-generation 

ICT capabilities in 

East Africa. 

Project D evelopment prog ram
2010 ANNUAL REPORT	 15

Success Story: 

Increasing Power Reliability 

in South Africa

For several years, USTDA has partnered with South

Africa’s eThekwini Electricity, a leading domestic

power distribution company, to promote and implement

energy efficiency strategies for the modernization

and expansion of its grid. USTDA-funded technical

assistance included a plan for an integrated information

technology (IT) system to allow the company to tie

customer data with supply information in real time.

eThekwini Electricity awarded the first phase of the

project—a multimillion dollar outage management

system—to General Electric following an open tender

process. U.S. companies also will be able to compete in

subsequent phases expected to be implemented in 2011.

In addition to creating opportunities for U.S. technology

providers, USTDA’s partnership with eThekwini

Electricity enables more cost-effective service and faster

response to network and system problems for the utility’s

630,000 residential and commercial customers.

◗

West Bank, Palestinian Territory. 

In the West Bank, USTDA concluded a

grant agreement with the Bayti Real Estate

Investment Company of Ramallah to

support the development of an information

and communication technology (ICT)

plan for the new Rawabi community

development project. The technical

assistance supports a plan to provide

residents with essential communications

services through a state-of-the-art, flexible,

and scalable ICT infrastructure that will

accommodate all of Rawabi’s needs for the

foreseeable future.

Jamaica. Recognizing Jamaica’s desire

to improve air transportation efficiency,

minimize government expenditures and

increase investment into the country,

USTDA provided support, in coordination

with the International Finance Corporation,

to assist the Ministry of Finance and

Public Service to privatize Air Jamaica.

This legal and technical assistance led to

Air Jamaica being acquired in May 2010

by Trinidad & Tobago-based Caribbean

Airlines. Caribbean Airlines is currently

reviewing its options for fleet renewal and

recently announced its intention to lease

six Boeing aircraft.

Ongoing construction 

of Rawabi community 

development project north 

of Ramallah, West Bank. 
16	 U.S. TRADE AND DEVELOPMENT AGENCY

resour c es

Internet — www.ustda.gov

USTDA’s website provides comprehensive

information on its program, current

business opportunities, upcoming events,

completed reports, Agency news, and

recent publications.

Requests for Proposals (RFP)

USTDA posts RFP announcements about

current business opportunities with the

Agency and its overseas grant recipients

on the Federal Business Opportunities

(FBO) website at www.fbo.gov. Links to the

FBO postings are available on USTDA’s

website at www.ustda.gov. RFP packages

may be requested electronically via

USTDA’s website.

On-Line Consultant Database

Many USTDA activities are reserved

exclusively for small businesses. Small U.S.

businesses interested in being considered

for contracting opportunities with USTDA

can register with the Agency’s On-line

Consultant Database on the Agency’s

website. Businesses should also register with

the U.S. Government’s Central Contractor

Registration website at www.ccr.gov.

Library

USTDA’s library maintains final reports of

Agency-funded activities and can provide

electronic copies of those reports upon

request by e-mailing library@ustda.gov.

Furthermore, USTDA posts new reports

directly on its website, www.ustda.gov.

Publications

The Agency prints a quarterly newsletter

and a biweekly eNewsletter to provide

information about USTDA activities and

events. A free subscription to the eNewsletter

is available on USTDA’s website. Requests

for copies of printed publications can also be

made via the Agency’s website.

Client Resources

Questions about USTDA

General inquiries about USTDA’s program can be

made by calling (703) 875-4357, sending a fax to

(703) 875-4009 or an e-mail to info@ustda.gov, or

completing the Contact Form on the Agency’s website.

To contact USTDA’s program staff, send an e-mail to

your region of interest:

•	 East Asia and Eurasia:

East_Asia_Eurasia@ustda.gov

•	 Latin America and the Caribbean:

LAC@ustda.gov

•	 Middle East, North Africa and Europe:

MENA_Europe@ustda.gov

•	 South and Southeast Asia:

South_Southeast_Asia@ustda.gov

•	 Sub-Saharan Africa:

Africa@ustda.gov

USTDA executives and department heads

To contact a USTDA Staff member, please call our main

office line at 703-875-4357.

Director. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Leocadia I. Zak

Deputy Director. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Peggy Philbin

General Counsel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . James A. Wilderotter

Chief of Staff. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Christopher Wyant

Director for Policy and Program and

Regional Director, East Asia and Eurasia. . . . Geoffrey Jackson

Director, Public Affairs and

Congressional Relations . . . . . . . . . . . . . . . . . . . Thomas R. Hardy

Regional Director,

Latin America and the Caribbean. . . . . . . . . . Nathan Younge

Regional Director,

Middle East, North Africa and Europe. . . . . Carl B. Kress

Regional Director,

South and South East Asia. . . . . . . . . . . . . . . . . Henry Steingass

Regional Director,

Sub-Saharan Africa . . . . . . . . . . . . . . . . . . . . . . . . Paul Marin

Evaluations Officer and Economist,

Office of Evaluations. . . . . . . . . . . . . . . . . . . . . . . David Denny

Grants Administrator,

Office of Grants Administration . . . . . . . . . . . Pat Daughetee

Financial Manager, Office of Finance . . . . . . . Noreen St. Louis

Contracts Office Manager,

Office of Contracts . . . . . . . . . . . . . . . . . . . . . . . . Walter Knott

Administrative Officer

Office of Administration. . . . . . . . . . . . . . . . . . . Carolyn Hum

Assistant Chief Information Officer,

Office of Information Technology. . . . . . . . . . Amy Sue Bean

Manager, Information Resources Center . . . . Deena Elkadi*

*contractor working for USTDA
2010 ANNUAL REPORT	 17

FY 2 0 1 0 acti v iti es

USTDA ACTIVITIES

By Value of Obligations

2008	 2009	 2010

DM/Desk Studies $ 3,098,054 6.6% $3,113,729 7.3% $3,359,888 6.8%

Feasibility Studies $ 18,505,719 39.8% $1 6,976,887 39.7% $22,783,352 46.1%

Reverse Trade Mission $ 3,754,900 8.1% $6,846,102 16.0% $8,720,844 17.7%

Technical Assistance $ 17,148,527 36.9% $12,938,397 30.2% $13,723,325 27.7%

Trade-Related Training $ 1,620,445 3.5% $1,178,642 2.8% $106,000 0.2%

Workshop/Conferences $ 2,319,743 5.0% $1,577,466 3.7% $511,850 1.0%

Other $ 30,527 0.1% $147,480 0.3% $265,784 0.5%

Totals	 $ 46,477,915 	 100%	 $42,778,703	 100%	 $49,471,032 	 100%

USTDA ACTIVITIES BY ECONOMIC SECTOR

By Value of Obligations

2008	 2009	 2010

Agribusiness $ 991,010 2.1% $ 2,320,892 5.4% $ 667,221 1.3%

Clean Energy/Climate Change $ 10,948,326 23.5% $10,219,186 24.0% $ 22,453,434 45.4%

Human Resources $ 752,387 1.6% $ 737,901 1.7% $ 1,046,024 2.1%

Manufacturing $ 1,704,019 3.7% $ 784,718 1.8% $ 472,343 1.0%

Mining & Natural Resources $ 2,307,48 5.0% $ 2,177,019 5.1% $ 117,389 0.2%

Multi-Sector & Other $ 3,567,543 7.7% $ 902,588 2.1% $ 2,220,940 4.5%

Services $ 3,327,051 7.2% $ 2,419,958 5.6% $ 4,367,970 8.9%

Telecommunications $ 6,050,674 13.0% $ 2,738,199 6.4% $ 3,034,904 6.1%

Transportation $ 12,449,410 26.8% $ 16,426,031 38.4% $ 10,942,456 22.1%

Water & Environment $ 4,380,012 9.4% $ 4,052,211 9.5% $ 4,148,347 8.4%

Totals	 $ 46,477,915	 100%	 $ 42,778,703	 100%	 $49,471,032	 100%

Funds

Country	 Title	 Activity	 U.S.Firm	 City	 State	 Obligated

EAST ASIA

China China Aviation Cooperation Program Phase III Desk Study Montgomery Consulting Group Maitland FL 4,000

China Water Quality Cooperation Program EPA Transfer Agreement Technical Assistance U.S. Environmental Protection Agency Washington DC 39,320

China U.S.-China Standards and Conformity Assessment Cooperation Program Phase II Technical Assistance National Electrical Manufacturers Association Rosslyn VA 499,803

China Beijing Second Airport Development Plan Technical Assistance The American Chamber of Commerce in China Fund Wilmington DE 676,170

China Beijing Second Airport Development Plan Technical Assistance Federal Aviation Administration (FAA) Washington DC 24,482

China Carbon Limiting Improvement Process (CLIP) Feasibility Study Kurz Technical Services, Inc. Spring City TN 441,230

China USTDA Project Coordinator Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 85,395

China Clean Energy Exchange Program Reverse Trade Mission Koeppen, Elliott & Associates, Ltd. (KEA) Washington DC 542,302

China Mayoral Low-Carbon Leadership Reverse Trade Mission Global Marketing & Communications Boston MA 324,996

China Energy Cooperation Program Projects Definitional Mission Cotting Industries, Inc. Atlanta GA 58,000

China U.S.-China Aviation Cooperation Program Desk Study Montgomery Consulting Group Maitland FL 10,000

China 800MW IGCC Power Station Feasibility Study GE Energy (USA) LLC Atlanta GA 832,877

China U.S.–China Aviation Cooperation Phase VI Technical Assistance American Chamber of Commerce in China Fund Wilmington DE 664,065

China U.S.–China Aviation Cooperation Program Phase VI Technical Assistance Federal Aviation Administration (FAA) Washington DC 64,676

China Aviation Biofuel Development Technical Assistance Selection in progress 510,827

China Distributed Energy Combined Heat and Power Demonstration Projects Feasibility Study Selection in progress 465,482

China Smart Meter Standards Development Technical Assistance Selection in progress 150,661

China Energy Efficiency Projects Definitional Mission CORE International Washington DC 50,000

China Power Transmission and Distribution Definitional Mission Walter I. Serbetci dba (ENERCON America) Chicago IL 49,959

China Healthcare Information Technology Definitional Mission Quality Science International, Inc. Chicago IL 49,943

China Emergency Response ICT Systems Projects Definitional Mission Network Dynamics Associates, LLC Weston CT 49,407

China Shanghai Bus Retrofit Project Feasibility Study Selection in progress 222,949

China Tengzhou Huawen IGCC Power Plant Desk Study Intratech, Inc. McLean VA 3,000

China Emergency Response Reverse Trade Mission Koeppen, Elliott & Associates, Ltd. (KEA) Washington DC 264,174

China USTDA Project Coordinator Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 90,215

Mongolia Mining and Energy Projects Definitional Mission TERA International Group, Inc. (TERA) Sterling VA 48,499

Mongolia Business Roundtable and Mining Site Visit Reverse Trade Mission United States Energy Association, Inc. (USEA) Washington DC 24,973

Mongolia Mongolian Operating Leasing Law Development Technical Assistance Selection in progress 248,117

Regional Asia Project Analyst Services Technical Assistance Heather Hausladen Washington DC 7,637

Regional Asia Project Analyst Services Technical Assistance Brandon Megorden Meridian ID 51,994

TOTAL FOR EAST ASIA: $6,555,153

Summary of FY 2010 Program Activities

FY 2010 Program Activities Listed by Region
18	 U.S. TRADE AND DEVELOPMENT AGENCY

Funds

Country	 Title	 Activity	 U.S.Firm	 City	 State	 Obligated

EUROPE AND EURASIA

Kazakhstan Rail Technology Reverse Trade Mission Transportation & Economic Research Associates, Inc. (TERA) Sterling VA 199,463

Kazakhstan Smart Grid Reverse Trade Mission MFM Lamey Group, LLC Miami FL 214,444

Kazakhstan Maritime Coordination, Safety, and Vessel Traffic Management System Project Feasibility Study Selection in progress 388,959

Kazakhstan Rail Signaling and Train Control Systems Feasibility Study Selection in progress 655,188

Kazakhstan Monitoring and Diagnostic Systems Technical Assistance Selection in progress 392,436

Kazakhstan Transmission Lines Feasibility Study Selection in progress 988,004

Romania Tulcea Water and Wastewater System Improvements Desk Study Millennium Science & Engineering, Inc. (MSE) Chantilly VA 3,000

Romania Integrated IT-Based Management System for Elections Definitional Mission Pythia International Inc. Halifax VA 33,200

Romania SCADA Water Management Pilot Project Desk Study Millennium Science & Engineering, Inc. (MSE) Chantilly VA 7,990

Romania SCADA Water Management Pilot Project Feasibility Study Motorola Inc. Washington DC 871,719

Romania Nuclear Power Sector Reverse Trade Mission Energetics Incorporated Columbia MD 192,491

Romania Electronic Election Management System Feasibility Study Selection in progress 344,422

Turkey Geothermal Power Plant Projects Definitional Mission CJ Aron Associates, Inc. New York NY 45,000

Turkey Flash Flood Control and Early Warning System Definitional Mission Pythia International Inc. Halifax VA 28,650

Turkey Aviation Sector Definitional Mission Hernan E. Pena, Jr. Charleston SC 40,000

Turkey Waste-To-Energy and Solid Waste Management Projects Definitional Mission ENERCON America Chicago IL 34,132

Turkey Flood Forecasting and Early Warning System Feasibility Study Selection in progress 507,420

Turkey Transportation Sector Information and Communication Technologies Reverse Trade Mission TERA International Group, Inc. (TERA) Sterling VA 239,080

Turkey ISTAC Waste-to-Energy Plant Feasibility Study Selection in progress 491,160

Turkey Emergency Management Sector Reverse Trade Mission MFM Lamey Group, LLC Miami FL 226,467

Turkey Information and Communication Technology Sector Definitional Mission Martin Morell New York NY 46,962

Turkey Electric Power Sector Definitional Mission Energy Markets Group Washington DC 34,500

Regional Europe/Eurasia Eurasian Market Development Technical Assistance Travel 15,683

Regional Europe/Eurasia Kazakhstan/Azerbaijan Maritime Vessel Traffic Systems/Port Security Definitional Mission Infotel International Reston VA 37,804

Regional Europe/Eurasia Kazakhstan and Kyrgyzstan Aviation Definitional Mission Airline Capital Associates New York NY 49,044

Regional Europe/Eurasia Romania and Turkey Coal Mine Methane/Coal Bed Methane and Shale Gas Definitional Mission Gainer Industries, Inc. Washington DC 49,640

Regional Europe/Eurasia Kazakhstan/Azerbaijan Rail Sector Definitional Mission The Seneca Group, LLC Washington DC 49,786

Regional Europe/Eurasia Kazakhstan/ Azerbaijan Electric Power Definitional Mission Development Equity Associates, Inc. Centreville VA 50,000

TOTAL FOR EUROPE AND EURASIA: $6,236,644

LATIN AMERICA AND THE CARIBBEAN

Belize IDB Placencia Peninsula Pilot Wastewater Management System Feasibility Study Selection in progress 385,000

Brazil USTDA Project Coordinator Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 124,805

Brazil Ceara New Cargo Airport Feasibility Study Selection in progress 480,000

Brazil ICT Sector Opportunities Definitional Mission Washington Strategic Advisors, LLC Washington DC 49,981

Brazil Energy Recovery and Solid Waste Management Project Opportunities Definitional Mission Performance Technology Lewiston ME 45,352

Brazil Smart Grid Technologies Reverse Trade Mission MFM Lamey Group, LLC Miami FL 184,828

Brazil Railway Integration and Locomotive Refurbishment Technologies Reverse Trade Mission Transportation & Economic Research Associates, Inc. (TERA) Sterling VA 199,999

Brazil Port Security Technologies Reverse Trade Mission Agland Investment Services, Inc. Larkspur CA 160,161

Brazil Vessel Traffic Management System Feasibility Study Selection in progress 674,000

Brazil Smart Grid Opportunities Desk Study CORE International Washington DC 12,000

Brazil Water and Environmental Sector Opportunities Definitional Mission Alejandro J. Gonzalez dba AJGB International Inc. Bellevue WA 69,925

Brazil USTDA Project Coordinator Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 163,760

Chile Desalination Technologies Reverse Trade Mission Millennium Science & Engineering, Inc. (MSE) Chantilly VA 141,958

Chile Aviation Technology and Infrastructure Opportunities Desk Study Selection in progress 10,000

Chile Air Navigation Technologies Reverse Trade Mission Millennium Science & Engineering, Inc. (MSE) Chantilly VA 68,440

Chile Light Rail and Clean Rapid Transit Project Desk Study HEP Transportation Consultant Fairfax VA 10,000

Colombia 20 MW Waste-to-Energy Plant at El Guacal Landfill Feasibility Study Selection in progress 573,039

Costa Rica Government ICT Connectivity Infrastructure Technical Assistance Selection in progress 438,000

Haiti Electricity Generation, Transmission, and Distribution-Update Technical Assistance Power Engineers, Inc. Hailey ID 250,000

Haiti Electricity Generation, Transmission, and Distribution Desk Study CORE International Washington DC 15,000

Haiti Terminal Varreux Port Restoration and Modernization Desk Study North American Port Infrastructure, LLC Fort Lauderdale FL 7,694

Haiti Electricity Generation, Transmission, and Distribution Projects Desk Study CORE International Washington DC 13,000

Haiti Aviation Sector Projects Desk Study Ronald F. Price dba QED Airport & Aviation Consul. Amelia Island FL 12,000

Haiti Power Sector Planning and Expansion Strategy Technical Assistance Parson’s Global Services, Inc. Pasadena CA 794,728

Haiti Power Sector Planning and Expansion Strategy Desk Study K&M Engineering and Consulting, LLC Washington DC 25,000

Haiti Priority Airport Projects Technical Assistance Selection in progress 813,000

Haiti Ports Sector Definitional Mission Infotel International Reston VA 64,953

Jamaica Air Jamaica Privatization – Corporate and Regulatory Technical Assistance Hughes, Hubbard and Reed New York NY 221,000

Jamaica Air Jamaica Privatization – Corporate and Regulatory Desk Study KED Group Columbia SC 3,000

Jamaica TA: Rehabilitation of Priority Wastewater Facilities Technical Assistance Selection in progress 150,000

Mexico Renewable Energy Definitional Mission Energy Markets Group Washington DC 33,947

Mexico Health Care Information Technology Reverse Trade Mission Meridian International Center Washington DC 122,377

Mexico Multimodal Transportation Reverse Trade Mission Cornell Group, Inc., The Fairfax VA 175,147

Mexico ASA Airport Development and Management Project Technical Assistance Selection in progress 395,000

Mexico Terrazas Zinc-Copper Mining Desk Study Technomine Services, LLC Salt Lake City UT 10,000

Nicaragua Core Optical Network Capacity Expansion Desk Study Selection in progress 7,500

Panama Aviation Sector Definitional Mission KED Group Columbia SC 44,960

Paraguay Silvio Pettirossi International Airport Master Plan and Concession Technical Assistance Selection in progress 391,000

Peru Review of Work Product for National Telecommunications Strategic Plan Desk Study E. Farell Consulting Company Alexandria VA 4,000

Regional LAC Caribbean Airport Certification Process Technical Assistance Selection in progress 207,000

Regional LAC U.S. Standards and Conformance Cooperation Program Desk Study Allen F. Johnson & Associates McLean VA 10,000

Regional LAC Earthquake Monitoring Technologies Initiative Reverse Trade Mission Koeppen, Elliott & Associates, Ltd. (KEA) Washington DC 619,840

Regional LAC Project Analyst Services Technical Assistance Isabel Sepulveda Tuscon AZ 51,994

Regional LAC Solar Energy Sector Definitional Mission Energy Markets Group Washington DC 64,923

Regional LAC ATC and Airport Modernization Projects Desk Study Montgomery Consulting Group Maitland FL 21,250

TOTAL FOR LATIN AMERICA AND THE CARIBBEAN: $8,319,561

FY 2010 Program Activities Listed by Region
2010 ANNUAL REPORT	 19

Funds

Country	 Title	 Activity	 U.S.Firm	 City	 State	 Obligated

MIDDLE EAST AND NORTH AFRICA

Algeria Oran Tertiary Wastewater Treatment Facility Feasibility Study Selection in progress 256,741

Egypt Renewable Energy Sector Definitional Mission CJ Aron Associates, Inc. New York NY 48,500

Egypt Supplementary Pump Station for the Nile Technical Assistance Selection in progress 277,774

Egypt Information and Communication Technology Sector Definitional Mission Global Resources, Inc. Irvine CA 49,613

Egypt TAQA Concentrated Solar Power Plant Feasibility Study Selection in progress 603,790

Egypt Smart Metering Feasibility Study Selection in progress 416,000

Egypt Civil Nuclear Power Development Best Practices Reverse Trade Mission Energetics Incorporated Columbia MD 202,480

Egypt Pharmaceutical Supply Chain Feasibility Study Selection in progress 557,704

Egypt Aviation Sector Definitional Mission Hernan E. Pena, Jr. Charleston SC 60,000

West Bank Geothermal for District Heating and Cooling Feasibility Study Selection in progress 438,162

West Bank General Petroleum Corporation Infrastructure Development Desk Study INTRATECH, Inc. McLean VA 3,000

West Bank Regional Wastewater Treatment Plant Feasibility Study Selection in progress 316,180

West Bank Rawabi Tertiary Treatment Facility and Wastewater Reuse Desk Study AJGB International Inc. Bellevue WA 5,000

West Bank ICT Infrastructure for Rawabi New City Technical Assistance decision / analysis partners, LLC Fairfax VA 412,901

West Bank Information and Communication Technology Sector Definitional Mission Martin Morell New York NY 67,477

West Bank WiMax Network Desk Study Network Dynamics Associates, LLC Weston CT 3,000

West Bank WiMax Network Technical Assistance Reston Consulting Group. Inc. (RCG) Herndon VA 10,680

West Bank Public Sector ICT Modernization Desk Study Hellerstein and Associates Washington DC 5,000

West Bank Power Sector Definitional Mission Interdisciplinary Research Consultants (IdRC-US) Springfield Gardens NY 49,947

Iraq Civil Aviation Reconstruction Reverse Trade Mission Koeppen, Elliott & Associates, Ltd. (KEA) Washington DC 67,983

Iraq Petroleum Infrastructure Modernization Definitional Mission INTRATECH, Inc. McLean VA 49,749

Jordan Photovoltaic Solar Power Plant Feasibility Study Selection in progress 617,204

Jordan Power Sector Definitional Mission Development Equity Associates, Inc. Centreville VA 50,000

Jordan Electronic Health Records Desk Study OMMA Healthcare, LLC Rollinsville CO 5,000

Lebanon Concentrated Solar Power Plant Feasibility Study Selection in progress 338,270

Lebanon Power Sector Definitional Mission ENERCON America Chicago IL 49,927

Morocco Royal Air Maroc Optimization Feasibility Study Selection in progress 337,880

Morocco Weather Observation Network System Technical Assistance Selection in progress 269,110

Morocco Information and Communication Technology Sector Definitional Mission Global Resources, Inc. Irvine CA 49,815

Morocco Clean and Renewable Energy Sector Definitional Mission KED Group Columbia SC 50,000

Morocco Water Resource Management Technical Assistance Selection in progress 497,253

Regional MENA Project Analyst Services Technical Assistance Peter Hubbard Arlington VA 51,994

Regional MENA Egypt and Algeria Power Generation and Distribution Definitional Mission Constant Group, LLC Maywood NJ 43,500

Regional MENA Jordan and Lebanon Clean and Renewable Energy Sector Definitional Mission Interdisciplinary Research Consultants (IdRC-US) Westerville OH 64,959

Regional MENA Egypt, Lebanon and Morocco Renewable Energy Reverse Trade Mission United States Energy Association, Inc. (USEA) Washington DC 200,219

Regional MENA Project Analyst Services Technical Assistance Kendra Kintzi Washington DC 51,994

Regional MENA Presidential Summit on Entrepreneurship Other U.S. Department Commerce Washington DC 65,000

Regional MENA Presidential Summit on Entrepreneurship Other U.S. Department of State Washington DC 35,000

Regional MENA Jordan and Morocco Ports Reverse Trade Mission Meridian International Center Washington DC 214,563

Regional MENA Presidential Summit on Entrepreneurship Roundtable Other Elan International, LLC Wheaton MD 18,640

TOTAL FOR MIDDLE EAST AND NORTH AFRICA: $6,912,009

SOUTH AND SOUTHEAST ASIA

India DGCA Technical and Managerial Development Expansion Program Desk Study Montgomery Consulting Group Maitland FL 5,000

India USTDA Program Coordinator Technical Assistance U.S. Department of State 102,000

India Clean Energy Sector Projects Definitional Mission Perennial Energy Consulting, Inc. Washington DC 80,000

India Modernization and Expansion of Cold Chain Systems Desk Study SPI USA Inc. Washington DC 4,960

India Air Traffic Control Officers Long-Term Manpower Plan Desk Study Kramer Aerotek Inc. Boulder CO 4,000

India Integrated Cellulosic Ethanol-Chemical Biorefinery Desk Study Intratech, Inc. McLean VA 5,000

India Air Traffic Control Officer Long-Term Planning Feasibility Study Selection in progress 62,160

India Integrated Emergency Communications System Desk Study Actionable Strategies LLC New York NY 5,932

India Energy Sector Projects Definitional Mission GreenMax Capital Advisors New York NY 80,000

India NextGen Aviation Technology Requirements Desk Study KED Group Columbia SC 6,000

India Ground-Based Augmentation System Certification Desk Study Montgomery Consulting Group Maitland FL 6,000

India USTDA Program Coordinator Technical Assistance U.S. Department of State 102,500

India Review of Work Performed – Essar Refinery Expansion Project Desk Study Intratech, Inc. McLean VA 3,000

India Review of Work Products – CNS/ATM Transition Plan Desk Study Montgomery Consulting Group Maitland FL 3,000

Pakistan Trade Information Gateway Real-Time Exchange (TIGRE) Project Feasibility Study NTELX, Inc. Vienna VA 933,273

Pakistan Pakistan Program Support Assistance Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 106,728

Pakistan Expanded Maintenance, Repair, and Overhaul Facility Feasibility Study Selection in progress 864,002

Pakistan Business Development Travel Technical Assistance Travel 8,648

Pakistan Liquefied Petroleum Gas Transport Fuel Conversion Feasibility Study Selection in progress 482,118

Pakistan Energy Sector Projects Definitional Mission Energy Markets Group Washington DC 174,919

Pakistan Information and Communication Technology Definitional Mission Mehmud, Ali Pearland TX 168,080

Pakistan Cold Storage Infrastructure Network Feasibility Study World Food Logistics Organization Alexandria VA 392,328

Pakistan Gharo Corridor 50 Megawatt Wind Farm Feasibility Study Selection in progress 592,465

Pakistan Beaconhouse Schools Solar Photovoltaic Power Systems Feasibility Study Selection in progress 299,896

Pakistan Karachi Integrated Smart Grid System Feasibility Study Selection in progress 510,475

Pakistan Biomass Cogeneration at Bulleh Shah Paper Mill Feasibility Study Selection in progress 289,125

Pakistan Transportation Sector Projects Definitional Mission Interdisciplinary Research Consultants/IdRC Westerville OH 184,815

Indonesia Energy Sector Projects Desk Study Appropriate Energy Management, Inc. West Jefferson OH 3,000

Indonesia National Emergency Communications Strategy Desk Study Network Dynamics Associates, LLC Weston CT 3,000

Indonesia Review of Final Report for the Immigration Data ICT Systems FS Desk Study Global Resources, Inc. Irvine CA 3,000

Indonesia Review of the TOR – Coalbed Methane Development Desk Study Appropriate Energy Management, Inc. West Jefferson OH 5,000

Indonesia Java Air Quality Improvement Project Desk Study AJGB International Incorporated Bellevue WA 3,000

Indonesia National Search and Rescue Agency Capacity Expansion Reverse Trade Mission Business Council for International Understanding (BCIU) New York NY 276,097

Indonesia Jailolo Geothermal Power Plant Project Feasibility Study AECOM Westford MA 738,722

Indonesia Tangkuban Parahu Geothermal Project Feasibility Study Raser Technologies Inc. Provo UT 934,308

FY 2010 Program Activities Listed by Region
20	 U.S. TRADE AND DEVELOPMENT AGENCY

Funds

Country	 Title	 Activity	 U.S.Firm	 City	 State	 Obligated

Indonesia Geothermal Power Deployment Reverse Trade Mission BCS, Inc. Laurel MD 641,622

Indonesia Jakarta Air Quality Monitoring and Improvement Network Technical Assistance Sullivan Environmental Consulting Inc Alexandria VA 291,000

Malaysia National Emergency Medical Services (EMS) System Improvement Project Desk Study Omma Healthcare, LLC Golden CO 7,000

Philippines Basic Engineering Design Study for Gas Oil Hydrotreater Project Desk Study Intratech, Inc. McLean VA 7,000

Philippines First Generation Cabadbaran Run-of-River Hydroelectric Project Feasibility Study Selection in progress 360,000

Philippines Manila Bay Environmental Improvement Reverse Trade Mission Millennium Science & Engineering, Inc. (MSE) Chantilly VA 262,286

Philippines Waste-to-Energy Facilities Desk Study Constant Group, LLC Maywood NJ 5,000

Thailand USTDA Regional Office Technical Assistance U.S. Department of State 103,487

Thailand Civil Nuclear Power Development Best Practices Reverse Trade Mission Energetics Development, Inc. Columbia MD 187,211

Thailand Refurbished Medical Device Standards and Regulatory Framework Reverse Trade Mission Technical Resources Inc Bethesda MD 243,239

Vietnam National Single Window Customs Project Desk Study Interdisciplinary Research Consultants/IdRC Westerville OH 6,990

Vietnam USTDA Program Coordinator Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 18,828

Vietnam National Single Window Customs Project Feasibility Study Selection in progress 718,600

Vietnam Enterprise Architecture ICT Reverse Trade Mission Business Council for International Understanding (BCIU) New York NY 249,588

Vietnam Power Transmission Best Practices and Technologies Reverse Trade Mission MFM Lamey Group, LLC Miami FL 234,802

Vietnam Financial Information Management Modernization Reverse Trade Mission Business Council for International Understanding (BCIU) New York NY 266,965

Vietnam Cloud Computing Center Desk Study Hellerstein, Judith dba Hellerstein and Associates Washington DC 5,000

Vietnam USTDA Program Coordinator Technical Assistance US and Foreign Commercial Service (USFCS) Washington DC 22,000

Regional Asia Business Development Manager Technical Assistance Mark Dunn Baltimore MD 159,597

Regional Asia Business Development Manager Other Joe Mohollad Moving Woodbridge VA 1,035

Regional Asia FirstGen Run-of-River Small Hydropower Project Desk Study U.S. Power Consult Maywood NJ 1,000

Regional Asia Clean Energy Trade and Investment Conference Conference/Workshop Business Council for International Understanding (BCIU) New York NY 116,926

Regional Asia Project Analyst Services Technical Assistance Pinsuda Alexander Washington DC 54,282

Regional Asia Asia-Pacific Commercial Aviation Access Reverse Trade Mission MFM Lamey Group Miami FL 341,692

Regional Asia Project Analyst Services Technical Assistance Samuel Ross Easterly Alexandria VA 51,994

Regional Asia USTDA Regional Office – Bangkok, Thailand Technical Assistance U.S. Department of State 109,240

TOTAL FOR SOUTH AND SOUTHEAST ASIA: $11,908,935

SUB-SAHARAN AFRICA

Angola Energy and Power Definitional Mission Merklein & Associates, Inc. Washington DC 75,000

Angola Housing Construction Sector Reverse Trade Mission Global Marketing and Communications Arlington MA 219,105

Angola Southern Angola High-Voltage Transmission Line Feasibility Study Selection in progress 837,000

Angola Transportation Sector Definitional Mission KED Group Columbia SC 79,701

Angola Electricity Distribution Modernization Feasibility Study Selection in progress 855,000

Angola Translation Services Energy & Power Sector Grant Agreements Other Trans Perfect Translations International New York NY 9,000

Burkina Faso National ICT Backbone Network Desk Study Washington Strategic Advisors, LLC Washington DC 5,000

Ghana Power Sector Development Definitional Mission Merklein & Associates, Inc. Washington DC 62,000

Kenya Geothermal Reverse Trade Mission Millennium Science & Engineering, Inc. (MSE) Chantilly VA 257,502

Kenya Geothermal Development Company Capacity Building Project Technical Assistance Selection in progress 641,000

Kenya Cyber Security Reverse Trade Mission Business Council for International Understanding (BCIU) New York NY 229,644

Liberia Liberia Power Sector Development Definitional Mission Global Business Solutions Incorporated Silver Spring MD 44,998

Namibia Van Eck Power Plant Rehabilitation Feasibility Study Selection in progress 400,000

Nigeria Nigeria Power Sector Development Definitional Mission CORE International Washington DC 78,000

Nigeria Solar Powered Communications Towers Technical Assistance Selection in progress 162,000

Nigeria Secure Banking Solutions Reverse Trade Mission MFM Lamey Group Miami FL 177,714

Nigeria Augustine Memorial Hospital Desk Study OMMA Healthcare, LLC Rollinsville CO 5,000

Nigeria The Digital Bridge Science and Technology Park, Oshodi Feasibility Study Selection in progress 404,000

Nigeria Children’s Hospital Technical Assistance Selection in progress 289,000

Nigeria Children’s Hospital Desk Study Quality Science International, Inc. Chicago IL 10,000

Nigeria Renewable Energy IPP Framework Technical Assistance Selection in progress 323,000

Nigeria LiLE Hybrid Renewable Power Plant Feasibility Study Selection in progress 460,000

Nigeria Power Loss Reduction Technologies Technical Assistance Selection in progress 616,000

Rwanda Banque Nationale Du Rwanda ICT Modernization Technical Assistance Selection in progress 547,000

South Africa Energy & Power Sector Definitional Mission Constant Group, INC Maywood NJ 59,500

South Africa eThekwini Smart Metering Feasibility Study Selection in progress 446,500

Tanzania Bank of Tanzania ICT Modernization Technical Assistance Selection in progress 498,000

Regional SSA East African Community Upper Flight Information Region Desk Study Montgomery Consulting Group Maitland FL 6,000

Regional SSA Business Development Manager Technical Assistance Jason Michael Nagy Takoma Park MD 128,636

Regional SSA Business Development Manager Other Joe Mohollad Moving Woodbridge VA 1,609

Regional SSA Project Analyst Services Technical Assistance Elizabeth “Lisa” Bonnikson Danville CA 51,994

Regional SSA Regional Office Expenses Other U.S. Department of State Washington DC 170,500

Regional SSA CCA 2010 Infrastructure Conference Technical Assistance World Travel Service Centreville VA 3,460

Regional SSA CCA 2010 Infrastructure Conference Technical Assistance Embassy Suites Arlington VA 2,966

Regional SSA Southern Africa Solar Power Reverse Trade Mission Koeppen, Elliott & Associates, Ltd. (KEA) Washington DC 277,045

Regional SSA East African Community e-Health Workshop Conference/Workshop Business Council for International Understanding (BCIU) New York NY 394,924

Regional SSA Food Production and Processing Reverse Trade Mission Peoples Group, The Arlington VA 269,933

Regional SSA Nigeria and Ghana ICT and Finance Opportunities Definitional Mission Network Dynamics Associates, LLC Weston CT 68,506

Regional SSA Regional Office Expenses Technical Assistance U.S. Department of State Washington DC 181,500

TOTAL FOR SUB-SAHARAN AFRICA: $9,347,736

MULTI-REGIONAL

Worldwide Travel Insurance Other BR Insurance Corp. Walnut Creek CA 30,000

Worldwide Global Customs Modernization Initiative Training Management Options, Inc. Washington DC 106,000

Worldwide RETECH 2010 Technical Assistance Trader Group Inc. Houston TX 3,000

Worldwide Project Analyst Services Technical Assistance Veronica Faust Consulting Washington DC 51,993

TOTAL MULTI-REGIONAL: $190,994

FY 2010 Program Activities Listed by Region
2010 ANNUAL REPORT	 21

Independent Auditors’ Report

The Director

U.S. Trade and Development Agency:

We have audited the accompanying balance sheets of the U.S. Trade and Development Agency (USTDA) as of 

September 30, 2010 and 2009, and the related statements of net cost, changes in net position, and budgetary 

resources (hereinafter referred to as “financial statements”) for the years then ended. These financial statements 

are the responsibility of the USTDA’s management. Our responsibility is to express an opinion on these financial 

statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America; 

the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller 

General of the United States; and Office of Management and Budget (OMB) Bulletin No. 07-04, Audit Requirements 

for Federal Financial Statements, as amended. Those standards and OMB Bulletin No. 07-04 require that we plan 

and perform the audits to obtain reasonable assurance about whether the financial statements are free of material 

misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing 

audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the 

effectiveness of the USTDA’s internal control over financial reporting. Accordingly, we express no such opinion. An 

audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating 

the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the U.S. Trade and Development Agency as of September 30, 2010 and 2009, and its net costs, changes in 

net position, and budgetary resources for the years then ended in conformity with U.S. generally accepted accounting principles.

The information in the Management’s Discussion and Analysis is not a required part of the financial statements, but 

is supplementary information required by U.S. generally accepted accounting principles. We have applied certain 

limited procedures, which consisted principally of inquiries of management regarding the methods of measurement 

and presentation of this information. However, we did not audit this information and, accordingly, we express no 

opinion on it.

The information in the Other Accompanying Information section is presented for purposes of additional analysis and 

is not required as part of the financial statements. This information has not been subjected to auditing procedures 

and, accordingly, we express no opinion on it. 

In accordance with Government Auditing Standards, we have also issued our reports dated November 12, 2010, on our 

consideration of the USTDA’s internal control over financial reporting and our tests of its compliance with certain 

provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of those reports 

is to describe the scope of our testing of internal control over financial reporting and compliance and the results of 

that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. Those 

reports are an integral part of an audit performed in accordance with Government Auditing Standards and should be 

read in conjunction with this report in assessing the results of our 2010 audit.

November 12, 2010 

KMPG LLP

2001 M Street, NW

Washington, DC 20036
22	 U.S. TRADE AND DEVELOPMENT AGENCY

Assets FY 2010 FY 2009

Intragovernmental:

Fund balance with Treasury (Note 2) $ 113,252,004 $ 108,856,619

Accounts receivable, net (Note 3) 26,925 —

 Total intragovernmental 113,278,929 108,856,619

Accounts receivable, net (Note 3) — 72,059

Advances and prepayments (Note 3) — 385,596

General property and equipment, net (Note 4) 517,085 385,157

 Total assets $ 113,796,014 $ 109,699,431

Liabilities and Net Position

Liabilities

Intragovernmental:

 Accounts payable (Note 5) $ 74,007 $ 96,413

 Other liabilities (Note 5) 28,126 424,647

 Total intragovernmental 102,133 521,060

Accounts payable (Note 5) 8,087,922 6,979,796

Other liabilities (Note 5) 930,867 901,849

 Total liabilities 9,120,922 8,402,705

Net position:

Unexpended appropriations 104,631,325 101,289,856

Cumulative results of operations 43,767 6,870

 Total net position 104,675,092 101,296,726

 Total liabilities and net position $ 113,796,014 $ 109,699,431

See accompanying notes to financial statements.

U.S. TRADE AND DEVELOPMENT AGENCY

Balance Sheets

As of September 30, 2010 and 2009
2010 ANNUAL REPORT	 23

U.S. TRADE AND DEVELOPMENT AGENCY

Statements of Net Cost

For the years ended September 30, 2010 and 2009

FY 2010 FY 2009

Cost of Operations:

Grants program costs $ 55,872,428 $ 50,565,190

Less earned revenue — (78,900)

 Net grant program cost 55,872,428 50,486,290

Costs not assigned to programs 592,764 485,696

 Net cost of operations (Notes 6 & 11) $ 56,465,192 $ 50,971,986

See accompanying notes to financial statements.
24	 U.S. TRADE AND DEVELOPMENT AGENCY

U.S. TRADE AND DEVELOPMENT AGENCY

Statements of Changes in Net Position

For the years ended September 30, 2010 and 2009

FY 2010 FY 2009

Cumulative results of operations:

Beginning balances $ 6,870 $ 283,477

Budgetary financing sources:

 Appropriations used 56,110,429 50,382,230

Other financing sources:

 Imputed financing 391,660 313,149

 Total financing sources 56,502,089 50,695,379

Net cost of operations (56,465,192) (50,971,986)

Net change 36,897 (276,607)

Ending balances $ 43,767 $ 6,870

Unexpended appropriations:

Beginning balances $ 101,289,856 $ 101,098,058

Budgetary financing sources:

 Appropriations received 55,200,000 50,800,000

 Appropriations transferred in/out 7,250,000 2,778,000

 Other adjustments (rescissions, etc.) (2,998,102) (3,003,972)

 Appropriations used (56,110,429) (50,382,230)

 Total budgetary financing sources 3,341,469 191,798

 Total unexpended appropriations $ 104,631,325 $ 101,289,856

 Net position $ 104,675,092 $ 101,296,726

See accompanying notes to financial statements.
2010 ANNUAL REPORT	 25

U.S. TRADE AND DEVELOPMENT AGENCY

Statements of Budgetary Resources

For the years ended September 30, 2010 and 2009

FY 2010 FY 2009

Budgetary resources:

Unobligated balance, brought forward, October 1 $ 6,330,098 $ 7,429,651

Adjustment to beginning balance brought forward 10,261 —

Recoveries of prior year unpaid obligations 5,001,677 3,031,220

Budget authority:

 Appropriations 55,200,000 50,800,000

Spending authority from offsetting collections:

 Collected — 78,900

Change in receivables from federal sources 26,925

 Advance received — (78,900)

Nonexpenditure transfers 7,250,000 2,778,000

Permanently not available:

 Cancellation of expired accounts (2,998,103) (3,003,972)

 Total budgetary resources $ 70,820,858 $ 61,034,899

Status of budgetary resources:

Obligations incurred:

 Direct (Note 7) $ 64,130,570 $ 54,704,800

Unobligated balance available:

 Apportioned (Notes 2 & 8) 2,889,608 3,520,756

Unobligated balance not available (Note 2) 3,800,680 2,809,343

 Total status of budgetary resources $ 70,820,858 $ 61,034,899

Change in obligated balance:

Unpaid obligations, brought forward, October 1 $ 102,101,873 $ 100,977,582

Adjustment to unobligated balance brought forward (10,261) —

Obligations incurred 64,130,570 54,704,800

Less: Gross outlays (54,659,990) (50,549,289)

Less: Recoveries of prior years’ obligations (5,001,677) (3,031,220)

 Obligated balance, – end of the period 106,560,515 102,101,873

Less: Uncollected customer payments from federal sources (26,925) —

 Obligated balance, net – end of the period (Note 9) $ 106,533,590 $ 102,101,873

Net Outlays:

 Gross outlays $ 54,659,990 $ 50,549,289

 Less: Offsetting collections — —

 Net outlays $ 54,659,990 $ 50,549,289

See accompanying notes to financial statements.
26	 U.S. TRADE AND DEVELOPMENT AGENCY

(1) Summary of Significant Accounting Policies

(a) Description of Reporting Entity

The U.S. Trade and Development Agency (USTDA or the Agency) is an independent U.S. government 

agency administered under the authority of Section 661 of the Foreign Assistance Act of 1961, as amended 

(22 U.S.C. §2421).

The USTDA helps U.S. companies create jobs through export of U.S. goods and services for priority 

development projects in emerging economies. USTDA links U.S. businesses to export opportunities by 

funding project planning activities, pilot projects, and reverse trade missions while creating sustainable 

infrastructure and economic growth in partner countries.

The organization was established on July 1, 1980 as the U.S. Trade and Development Program (TDP) by 

delegation of authority as a component of the International Development Cooperation Agency (IDCA). 

In 1988, under the Omnibus Trade and Competitiveness Act, the organization was a separate component 

agency of IDCA. On October 28, 1992, the Jobs Through Exports Act of 1992 established USTDA as an 

independent agency under the foreign policy guidance of the Secretary of State.

(b) Basis of Presentation

These financial statements have been prepared to report the financial position, net costs, changes in net 

position, and budgetary resources of USTDA, as required by its authorizing legislation (Public Law 102-549, 

Title II). These financial statements include all activity related to USTDA’s appropriation (No. 11-1001) and 

reimbursable interagency agreements, whereby USTDA receives transfers from other federal agencies for 

use in specific regions or sectors.

(c) Budgets and Budgetary Accounting

Congress annually adopts a budget appropriation that provides USTDA with authority to use funds from 

the U.S. Treasury to meet operating and program expense requirements. All revenue received from other 

sources, except for appropriations transferred from other federal agencies, must be returned to the U.S. 

Treasury.

(d) Basis of Accounting

USTDA’s Balance Sheet, Statement of Net Cost, and Statement of Changes in Net Position are prepared 

using the accrual basis of accounting. This basis requires recognition of the financial effects of transactions, 

events, and circumstances in the periods when those transactions, events, and circumstances occur, 

regardless of when cash is received or paid. USTDA also uses budgetary accounting to facilitate compliance 

with legal constraints and to track its budget authority at the various stages of execution, including 

commitments, obligation, and eventual outlay. The Statement of Budgetary Resources is prepared using 

budgetary accounting methods.

The standards used in the preparation of the accompanying financial statements are issued by the Federal 

Accounting Standards Advisory Board, which represent accounting principles generally accepted in the 

United States of America for U.S. government entities.

(e) Revenue and Other Financing Sources

During FY 2009 and FY 2010, USTDA received a two-year appropriation to be used for program and 

administrative expenses, which are available for obligation through September 30, 2010 and 2011, 

respectively. These funds were issued in accordance with Section 7011 of the Department of State, Foreign 

Operations, and Related Programs Appropriations Act, 2009 and 2010 (“The Act”). The Act allows 

de-obligated funds that were initially obligated prior to their expiration to remain available for re-obligation 

for an additional 4 years from the date on which the availability of such funds would otherwise have expired. 

The reprogramming of funds properly obligated in FY 2009, begins with de-obligations of such funds that 

occur after September 30, 2010. No funds were reprogrammed during FY 2010.

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009
2010 ANNUAL REPORT	 27

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009

Funds transferred from the U.S. Agency for International Development (USAID) for Support for East 

European Democracy Act (SEED), Economic Support Funds (ESF), and the Freedom Support Act (FSA) 

during FY 2002-2005, are available for reobligation in the manner described in the preceding paragraph. 

SEED, ESF, and FSA funds for FY 1999-2001 that were initially obligated prior to their expiration remain 

available for re-obligation until expended.

Appropriations are recognized as a financing source at the time they are authorized and apportioned. 

Appropriations used to fund grant activities and administrative expenses are recognized as expenses and 

revenues as the resultant related expenses are incurred.

(f) Fund Balance with Treasury

USTDA does not maintain cash in commercial bank accounts. The U.S. Treasury processes cash receipts 

and disbursements. The balance of funds with Treasury primarily represents appropriated funds that are 

available to pay current liabilities and finance authorized purchase commitments relative to goods or 

services.

(g) Property and Equipment

Property and equipment is stated at cost, less accumulated depreciation. USTDA capitalizes property and 

equipment with an acquisition cost greater than $5,000 and useful life exceeding one year. Depreciation is 

calculated using the straight-line method and is based on an estimated useful life of 10 years for all assets, 

except computer equipment and software, which is depreciated over 5 years. Leasehold improvements 

are amortized over the estimated period of occupancy or the life of the improvement, whichever is less. 

Expenditures for repairs and maintenance are charged to operating expenses as incurred.

(h) Liabilities

Liabilities represent amounts owed by USTDA as the result of transactions or events that have occurred as 

of fiscal year end. Liabilities covered by budgetary or other resources are those liabilities for which Congress 

has appropriated funds or funding is otherwise available to pay amounts owed. Liabilities not covered by 

budgetary or other resources represent amounts owed in excess of available, congressionally appropriated 

funds or other amounts. The liquidation of liabilities not covered by budgetary or other resources is 

dependent on future congressional appropriations or other funding. There is no certainty that Congress will 

appropriate funds to satisfy such liabilities.

USTDA has no capital leases. Regarding its building lease, the General Services Administration (GSA) 

entered into a lease agreement for USTDA’s rental of building space. USTDA pays GSA a standard-level 

users’ charge for the annual rental. The standard-level users’ charge approximates the commercial rental 

rates for similar properties. Average annual rent expense and related charges are approximately $1.5 million 

through 2012.

(i) Undelivered Orders

Undelivered orders represent the amount of orders for goods and services outstanding for which funds have 

been obligated, but the liabilities have not been incurred.

(j) Accrued Leave

Annual leave is accrued as a liability as it is earned. The liability is reduced as leave is taken. Each year, 

the balance in the accrued annual leave account is adjusted to reflect current year pay rates. To the extent 

that the current or prior year appropriations are not available to fund annual leave earned, but not taken, 

funding will be obtained from future appropriations. USTDA’s handling of annual leave earned, but not taken 

is compliant with established regulations. Sick leave and other types of non-vested leave are charged to 

expense as the leave is used.

(k) Cumulative Results of Operations

Cumulative results of operations represent the difference between net property and equipment and 

unfunded annual leave, plus the net difference between expenses and financing sources since the inception 

of an activity.
28	 U.S. TRADE AND DEVELOPMENT AGENCY

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009

(l) Retirement Plan

USTDA’s employees participate in either the Civil Service Retirement System (CSRS) or the Federal 

Employees’ Retirement System (FERS). Employees participating in CSRS contribute 7.0% of their gross 

pay to the plan, and USTDA contributes 8.51%. The cost of providing a CSRS benefit, which is 30.1% as 

computed by the Office of Personnel Management (OPM), is more than the amounts contributed by USTDA 

and its employees. In accordance with Statement of Federal Financial Accounting Standard (SFFAS) No. 5, 

Accounting for Liabilities of the Federal Government, USTDA reports the full cost of providing pension benefits 

to include the cost financed by OPM.

On January 1, 1987, FERS went into effect pursuant to Public Law 99-335. Most employees hired after 

December 31, 1983 are automatically covered by FERS and the Social Security Act. Employees hired prior 

to January 1, 1984 could elect either to join FERS and the Social Security Act or remain in CSRS. A primary 

feature of FERS is that it offers a savings plan in which USTDA automatically contributes 1% of employees’ 

pay and matches any employee contribution up to an additional 4% of basic pay. For most employees 

hired since December 31, 1983, USTDA also contributes the employer’s matching share under the Social 

Security Act. For the FERS basic benefit, the employees contribute 0.8% of their basic pay while USTDA 

contributes 11.2% for a total contribution rate of 12%. The cost of providing a FERS benefit, as computed by 

OPM is 13.8%.

The total amount of imputed financing for retirement and other post-retirement benefits paid by OPM for FY 

2010 amounted to $391,660 which includes $162,535 for pension cost for CSRS and FERS; $228,365 for the 

Federal Employees Health Benefit Program (FEHP); and $760 for Federal Employees Group Life Insurance 

(FEGLI). These amounts are included in USTDA’s FY 2010 financial statements. In FY 2009, OPM funded 

$313,149 to pension, health, and life insurance benefits on behalf of USTDA’s employees.

The actuarial present value of accumulated benefits, assets available for benefits, and unfunded pension 

liability of CSRS and FERS is not allocated to individual departments and agencies and is therefore not 

disclosed by USTDA. The reporting of these amounts is the responsibility of OPM. USTDA has properly 

computed this amount and recorded a liability for it.

USTDA paid approximately $446,690 and $445,670 for retirement system coverage for its employees 

during FY 2010 and FY 2009, respectively.

(m) Use of Estimates

Management has made certain estimates and assumptions when reporting in these financial statements 

on assets and liabilities. They are also used in expenses and note disclosures. Actual results could differ 

from these estimates. Significant estimates underlying the accompanying financial statements include 

depreciable lives of property and equipment with no residual value, and the grants payable accrual. USTDA 

uses a ratio of the average of accounts payable to unpaid obligations over a three year period and applies the 

resulting percentage to calculate the current year’s estimate of accounts payable.
2010 ANNUAL REPORT	 29

(2) Fund Balance with Treasury

Fund Balance with Treasury represents USTDA’s undisbursed budgetary authority and funds to be returned to 

Treasury at September 30, 2010 and 2009, as follows:

FY 2010 FY 2009

Fund balances:

Appropriated funds $ 113,223,878 $ 108,431,972

Miscellaneous Receipts 28,126 424,647

 Total $ 113,252,004 $ 108,856,619

Status of fund balance with Treasury:

Unobligated balance:

 Available $ 2,889,608 $ 3,520,756

 Unavailable 3,800,680 2,809,343

Obligated balance not yet disbursed 106,533,590 102,101,873

Non-budgetary 28,126 424,647

 Total $ 113,252,004 $ 108,856,619

Unobligated fund balances are either available or not available. Amounts are reported as not available when they 

are no longer legally available to USTDA for obligation. However, balances that are currently reported as not 

available can change over time, because they may be used to increase the amount of the initial obligation to cover 

additional expenditures that relate to these obligations.

(3) Receivables and Other Assets

Receivables and other assets at September 30, 2010 and 2009 consist of the following components:

FY 2010 FY 2009

Accounts receivable, net 26,925 72,059

Advances and prepayments — 385,596

 Total Receivable and Advances $ 26,925 $ 457,655

The accounts receivable reported represent erroneous charges made by other agencies against USTDA’s 

appropriation as of September 30, 2010. The proper agencies will be charged in the next fiscal year. Accounts 

receivable as of September 30, 2009 represented the net amount due as a result of the close-out of one grant 

in FY 2008.

Advances and prepayments as of September 30, 2009 represented amounts provided to Multilateral 

Development Banks for costs related to various project planning activities funded by USTDA. These advances 

and prepayments have been fully liquidated as of September 30, 2010.

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009
30	 U.S. TRADE AND DEVELOPMENT AGENCY

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009

(4) Property and Equipment, Net

Property and equipment and related accumulated depreciation balances at September 30, 2010, and 2009 are 

as follows:

FY 2010

Class of Asset Service Life

Acquisition

value

Accumulated 

depreciation/ 

amortization

Net 

book value

Computer Equipment 5 years $ 453,200 211,136 242,064

Furniture and Fixtures 10 years 232,468 146,699 85,769

Computer Software 5 years 5,046 505 4,541

Other Equipment 10 years 243,668 137,096 106,572

Leasehold Improvement 8 years 113,182 35,043 78,139

Total property and equipment $ 1,047,564 530,479 517,085

FY 2009

Class of Asset Service Life

Acquisition

value

Accumulated 

depreciation/ 

amortization

Net 

book value

Computer Equipment 5 years $ 397,107 149,339 $ 247,768

Furniture and Fixtures 10 years 178,769 140,251 38,518

Computer Software 5 years 11,721 11,721 —

Other Equipment 10 years 234,256 141,715 92,541

Leasehold Improvement 8 years 20,255 13,925 6,330

Total property and equipment $ 842,108 456,951 $ 385,157

Depreciation expense for fiscal years ended September 30, 2010 and 2009 is $129,218 and $98,426, respectively.

During FY 2010 and 2009, USTDA purchased property and equipment in the amount of $264,925 and 

$226,213, respectively. In addition, during FY 2010, USTDA disposed of property that cost $59,470, with related 

accumulated depreciation amounting to $55,691.
2010 ANNUAL REPORT	 31

(5) Liabilities

Total liabilities represent the sum of liabilities not covered by budgetary resources, and those covered by 

budgetary resources. As of September 30, 2010 and 2009, total liabilities were as follows:

FY 2010 FY 2009

Intragovernmental Liabilities:

Liabilities not covered by budgetary resources:

 Miscellaneous receipts to be returned to Treasury $ 28,126 $ 424,647

Liabilities covered by budgetary resources:

 Accounts payable 74,007 96,413

 Total intragovernmental liabilities $ 102,133 $ 521,060

Other Liabilities:

Liabilities not covered by budgetary resources:

 Accrued annual leave $ 473,318 $ 450,346

Liabilities covered by budgetary resources:

 Accounts payable 8,087,922 6,979,796

 Accrued payroll 457,549 451,503

 Total other liabilities $ 9,018,789 $ 7,881,645

 Total Liabilities $ 9,120,922 $ 8,402,705

All liabilities other than unfunded accrued leave are considered to be current liabilities. $7.8 million of the 

accounts payable balance as of September 30, 2010 relates to grants payments owed but unpaid. This balance 

was $6.2 million as of September 30, 2009.

(6) Intragovernmental Costs and Exchange Revenue

Program costs for fiscal years ended September 30, 2010 and 2009 consist of the following:

Grants Program FY 2010 FY 2009

Intragovernmental costs $ 3,701,368 $ 3,077,059

Public costs 52,763,824 47,973,827

 Total grant program costs 56,465,192 51,050,886

Intragovernmental earned revenue — (78,900)

 Net grant program costs $ 56,465,192 $ 50,971,986

Costs incurred by USTDA in FY 2010 and FY 2009, that do not require resources were not assigned to the 

grants program.

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009
32	 U.S. TRADE AND DEVELOPMENT AGENCY

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009

(7) Apportionment Categories of Obligations Incurred

During the years ended September 30, 2010 and 2009, funds were obligated in the following categories:

Obligations FY 2010 FY 2009

Category A – funds that are obligated for operating expenses $ 14,292,885 $ 11,752,928

Category B – funds that are obligated for program activities 49,837,685 42,951,872

 Total obligations incurred $ 64,130,570 $ 54,704,800

8) Unobligated Balances Available — Apportioned

Total available unobligated balance of budget authority at September 30, 2010 and 2009 consist of the 

following.

FY 2010 FY 2009

Unrestricted no-year funds $ 325,959 $ 325,959

Funds transferred from USAID for feasibility studies and 

related activities in the New Independent States (NIS), 

and Support for Eastern European Democracy (SEED). 304,498 325,170

Funds transferred from USAID for feasibility studies and 

related activities in the New Independent States 

(FSA no-year funds) 150,841 704,893

 Total no-year funds $ 781,298 $ 1,356,022

Funds transferred from USAID for feasibility studies 

and related activities in tne NIS (FSA funds): — 127,402

USTDA core budget two-year appropriations 2,108,310 2,037,332

 Total unobligated and available appropriations $ 2,889,608 $ 3,520,756

All funds transferred from USAID were appropriation transfers. USTDA did not receive any allocations during 

FY 2010. 

(9) Undelivered Orders

At September 30, 2010 and 2009, undelivered orders balances consisted of the following:

Purpose FY 2010 FY 2009

Obligated balance at the end of the period $ 106,533,590 $ 102,101,873

Accounts payable (covered by budgetary resources) (8,619,478) (7,527,712)

 Undelivered orders $ 97,914,112 $ 94,574,161
2010 ANNUAL REPORT	 33

U.S. TRADE AND DEVELOPMENT AGENCY

Notes to Financial Statements

September 30, 2010 and 2009

(10) Permanent Indefinite Appropriations

No-year funds at September 30, 2010 and 2009 exist for the following purposes:

Purpose FY 2010 FY 2009

General program activities $ 325,959 $ 325,959

Freedom Support Act (FSA) transfer funds for feasibility 

studies and activities in the NIS 150,841 704,893

Support for feasibility studies and activities (NIS and SEED) 304,498 325,170

 Total permanent indefinite appropriations $ 781,298 $ 1,356,022

(11) Reconciliation of Net Cost to Budget

The following schedule reconciles resources available to USTDA to finance operations and the net cost of 

operating for fiscal years ended September 30, 2010 and 2009:

FY 2010 FY 2009

Resources used to finance activities:

Budgetary resources obligated $64,130,570 $ 54,704,800

Adjustment to beginning balance brought forward (10,261) —

Recoveries of prior years obligations (5,001,677) (3,031,220)

Imputed financing for costs absorbed by others 391,660 313,149

Other 117,195 256,797

 Total resources used to finance activities $ 59,627,487 $ 52,243,526

Resources used to finance items not part of the 

net cost of operations:

Change in budgetary resources obligated for goods 

and services ordered, but not received $ (2,981,279) $ (1,212,511)

Change in offsetting collections and receipts 

that do not affect the net cost of operations — (78,900)

 Resources that finance the acquisition of assets (264,925) (226,213)

Adjustment for loss not realized — 1,477

Loss on disposition of assets 3,779 18,181

Total resources used to finance items 

not part of the net cost of operations $ (3,242,425) $ (1,497,966)

Costs that do not require resources:

Depreciation and amortization $ 129,218 $ 98,426

Bad debt expenses (72,060) 72,060

Costs that require resources in a future period:

Increase in accrued leave liability 22,972 55,940

 Total costs that do not require resources $ 80,130 $ 226,426

 Net cost of operations $ 56,465,192 $ 50,971,986
34	 U.S. TRADE AND DEVELOPMENT AGENCY

Intragovernmental Assets

Trading Partner Partner # Accounts Payable

Fund Balance 

with Treasury

Department of the Treasury 20 $ — $ 113,252,004

Department of State 19 8,609 —

Peace Corps 11 18,316 —

Total $ 26,925 $ 113,252,004

Intragovernmental Liabilities

Trading Partner Partner # Accounts Payable

Fund to be 

Returned to 

Treasury

Department of the Agriculture 12 $ 3,000 $ —

Department of State 19 36,179 —

Department of the Treasury 20 — 28,126

U.S. Foreign Commercial Services 13 31,828 —

Department of the Interior 14 3,000 —

Total $ 74,007 $ 28,126

IIntragovernmental Expenses 

Trading Partner Partner # Amount

Department of Agriculture 12 $ 3,000

Department of Defense 21 1,060

Department of the Interior (NBC) 14 1,809,819

Department of State 19 381,039

U.S. Foreign Commercial Services 13 60,613

General Services Administration 47 1,412,110

Department of Homeland Security 70 21,167

Office of Personnel Management 24 1,513

National Archives 88 1,051

U.S. Postal Service 18 9,996

Total $ 3,701,368

U.S. TRADE AND DEVELOPMENT AGENCY

Other Accompanying Information

Intragovernmental Assets, Liabilities and Expenses

September 30, 2010
2010 ANNUAL REPORT	 35

Independent Auditors’ Report on Internal Control Over Financial Reporting

The Director

U.S. Trade and Development Agency:

We have audited the balance sheets of the U.S. Trade and Development Agency (USTDA) as of September 30, 

2010 and 2009 and the related statements of net cost, changes in net position, and budgetary resources (hereinafter referred to as “financial statements”) for the years then ended, and have issued our report thereon dated 

November 12, 2010.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America; 

the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller 

General of the United States; and Office of Management and Budget (OMB) Bulletin No. 07-04, Audit Requirements 

for Federal Financial Statements, as amended. Those standards and OMB Bulletin No. 07-04 require that we plan 

and perform the audits to obtain reasonable assurance about whether the financial statements are free of material 

misstatement.

The management of the USTDA is responsible for establishing and maintaining effective internal control. In planning 

and performing our fiscal year 2010 audit, we considered the USTDA’s internal control over financial reporting by 

obtaining an understanding of the USTDA’s internal control, determining whether internal controls had been placed 

in operation, assessing control risk, and performing tests of controls as a basis for designing our auditing procedures 

for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the USTDA’s internal control over financial reporting. Accordingly, we do not express 

an opinion on the effectiveness of the USTDA’s internal control over financial reporting. We did not test all internal 

controls relevant to operating objectives as broadly defined by the Federal Managers’ Financial Integrity Act of 1982.

A deficiency in internal control exists when the design or operation of a control does not allow management or 

employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control 

such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not 

be prevented, or detected and corrected on a timely basis.

Our consideration of internal control over financial reporting was for the limited purpose described in the third 

paragraph of this report and was not designed to identify all deficiencies in internal control over financial reporting 

that might be deficiencies, significant deficiencies, or material weaknesses. In our fiscal year 2010 audit, we did not 

identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses, as 

defined above. 

We noted certain additional matters that we have reported to management of the USTDA in a separate letter dated 

November 12, 2010.

This report is intended solely for the information and use of the USTDA’s management, OMB, the U.S. Government 

Accountability Office, and the U.S. Congress and is not intended to be and should not be used by anyone other than 

these specified parties.

November 12, 2010

KMPG LLP

2001 M Street, NW

Washington, DC 20036
36	 U.S. TRADE AND DEVELOPMENT AGENCY

Independent Auditors’ Report on Compliance and Other Matters

The Director

U.S. Trade and Development Agency:

We have audited the balance sheets of the U.S. Trade and Development Agency (USTDA) as of September 30, 

2010 and 2009, and the related statements of net cost, changes in net position, and budgetary resources (hereinafter referred to as “financial statements”) for the years then ended, and have issued our report thereon dated 

November 12, 2010.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America; 

the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller 

General of the United States; and Office of Management and Budget (OMB) Bulletin No. 07-04, Audit Requirements 

for Federal Financial Statements, as amended. Those standards and OMB Bulletin No. 07-04 require that we plan 

and perform the audit to obtain reasonable assurance about whether the financial statements are free of material 

misstatement.

The management of the USTDA is responsible for complying with laws, regulations, contracts, and grant agreements 

applicable to the USTDA. As part of obtaining reasonable assurance about whether the USTDA’s financial statements 

are free of material misstatement, we performed tests of the USTDA’s compliance with certain provisions of laws, 

regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on 

the determination of the financial statement amounts, and certain provisions of other laws and regulations specified in OMB Bulletin No. 07-04. We limited our tests of compliance to the provisions described in the preceding 

sentence, and we did not test compliance with all laws, regulations, contracts, and grant agreements applicable to 

the USTDA. However, providing an opinion on compliance with those provisions was not an objective of our audit, 

and accordingly, we do not express such an opinion.

The results of certain of our tests of compliance described in the preceding paragraph disclosed no instances of 

noncompliance or other matters that are required to be reported herein under Government Auditing Standards or 

OMB Bulletin No. 07-04, and are described below.

We noted certain additional matters that we have reported to management of the USTDA in a separate letter dated 

November 12, 2010.

This report is intended solely for the information and use of the USTDA’s management, OMB, the U.S. Government 

Accountability Office, and the U.S. Congress and is not intended to be and should not be used by anyone other than 

these specified parties.

November 12, 2010

KMPG LLP

2001 M Street, NW

Washington, DC 20036

USTDA Annual Report 2010

Design: Studio B

staff photos: Robert A. McComas Photography

Printing: Printing Images

Printed on recycled paper.

U.S. Trade and Development Agency

1000 Wilson Boulevard, Suite 1600 • Arlington, Virginia 22209-3901

Phone: (703) 875-4357 • Fax: (703) 875-4009 • Website: www.ustda.gov • E-mail: info@ustda.gov