US to participate at Expo 2020 Dubai with UAE funding – The National

  • Date: 16-Jan-2020
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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US to participate at Expo 2020 Dubai with UAE funding – The National

US to participate at Expo 2020 Dubai with UAE funding. America's presence at the Expo was overseen by the State Department. The US Department of State announced the country will be participating in Expo 2020 Dubai thanks to funding from the UAE.. Under a US law passed in the 1990s, public funds cannot be spent on world expositions.. America's top diplomat then made last-ditch pleas to businesses after legislation designed to secure public funds to finance the US presence at the Expo failed to pass through the Senate.. Mr Pompeo's campaign included a reception at the State Department but fell short of the estimated $60 million (Dh 220 million) needed to underwrite the pavilion project.. The State Department said last month it had "worked extensively to raise private sector funds through 2018 and 2019" but admitted the drive for private funding was struggling.. The US has previously struggled to draw corporate sponsors to fund its presence at world expos.. Lack of private funding meant there was no US pavilion at the 2000 Expo in Hannover, Germany..