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11/29/11

Dutch PM Rutte meets Obama at White House - Netherlands Investments in the US provide America with more than 600.000 jobs

Dutch Prime Minister Mark Rutte met with US President Barak Obama for thirty minutes at the White House on Tuesday afternoon. At the beginning of the meeting, President Obama told the Dutch leader that the Netherlands was America's "most important ally."

The two leaders also discussed the worlds economic crises and jobs.  The Netherlands (17 million inhabitants), and a member of the EU, is the 3e most important investor in the US and the ninth largest importer of US products.

Dutch investments provide jobs for around 625,000 Americans.

Of the more than 5 million Americans employed in the United States by foreign companies, roughly 3.1 million (58 percent) worked for EU companies. With a payroll of more than $194 billion, EU companies on average paid U.S. workers 18 percent more than workers were paid at other U.S.owned firms.

The European Union (EU) and United States are each other’s largest foreign investor. The stock of EU direct investment in the United States reached $1.11 trillion, accounted for almost half of the total stock of foreign direct investment (FDI) in the United States. EU investments represented approximately 42 percent of global investment flows to the United States.

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