The global economy has extended the reach of U.S. economic interests to virtually every nation on earth. Through extensive involvement abroad, American business is successfully bringing desperately needed economic benefits to the developing world. Indeed, the positive effects of trade by U.S. companies often go far beyond creating jobs and raising living standards. U.S. commercial engagement overseas is an effective method for promoting democracy, human rights, and other values that can make a positive difference in the lives of millions. Because U.S. companies are often actively involved at many levels in the countries and communities they serve, the benefits are great -- and tangible. From better schools and health care to improved infrastructure and housing -- business is making a difference. Over the next several weeks, USA*ENGAGE will provide individual company examples of the positive role of commercial engagement abroad.

 

American Express has served as the founding sponsor since 1996 of an innovative interantional program established by the World Monuments Fund to Identify cultural heritage sites that are at risk and to seek funds for their rescue. American Express helped launch the World Monument Watch's annual list of the 100 Most Endangered Sites program and has committed financial resources to the program over the course of its first five years. The 1998-9 List of the 100 Most Endangered Sites calls attention to 20 sites in Western Europe, 25 sites in the former Soviet bloc, 19 in Asian, 6 in North American, 9 in South America, 11 in Central America and the Caribbean. American Express recognizes that no industry has a greater stake in preserving history and tradition, cultural heritage, and nature and the environment that the travel and tourism industry since these precious resources are critical to the quality of life of communities and nations around the world.