SBA Welcomes Acting Administrator Sandy K. Baruah

Sandy K. Baruah is Sworn In as Assistant Secretary of Commerce for Economic Development. Santanu "Sandy" K. Baruah Biography

WASHINGTON, DC -- In response to President George W. Bush naming Sandy K. Baruah to be the U.S. Small Business Administration's Acting Administrator, today the agency welcomed Baruah and prepared for his arrival. Baruah, who is pending Senate confirmation as SBA Administrator, is Assistant Secretary for Economic Development at the Department of Commerce,

and comes to SBA with deep experience in promoting local business growth, managing organizational change, and responding to federal disasters. He has worked for small businesses, helped small businesses grow, and was raised by a mother who ran her own small business.

Baruah helped lead significant accomplishments for the Economic Development Administration, including the agency's induction into the Balanced Scorecard Hall of Fame, passage of EDA's Congressional reauthorization, the agency's inclusion in President Bush's Executive Order which established the Preserve America Initiative, and achieved the second-highest effectiveness ranking from the White House's Office Management and Budget.

Baruah was nominated June 26, 2008.

"I'm honored to be named SBA's Acting Administrator by the President," Baruah said. "I look forward to working with Deputy Administrator Jovita Carranza, who has ably carried on the agency's work with SBA's great team of professional staff. I intend to help SBA carry on its mission as it navigates the height of hurricane season and deals with the current economic challenges and tightening credit opportunities for small business."

"I'm also committed to continuing former SBA Administrator Steve Preston's reform agenda and seeing its improvements through," Baruah added. "SBA's customers and employees deserve an agency that is efficient, effective and customer friendly in fulfilling its important mission."

"I look forward to working with members of Congress and welcome the opportunity to work in a collaborative and bipartisan manner to bring meaningful help to small business," Baruah concluded.

SBA Deputy Administrator Carranza welcomed Baruah. "We're very pleased to have a leader of Sandy's caliber joining our team and look forward to working with him. There's a great deal we still want to accomplish between now and January."

Baruah will start at SBA Monday morning. ###

Release Date: August 15, 2008 Contact: Christine Mangi (202) 205-6948 Release No: 08-78 Internet Address: www.sba.gov/news/

Tags: Santanu "Sandy" K. Baruah and Small Business Administration

Secretary Condoleezza Rice Remarks With French President Nicolas Sarkozy on the Situation in Georgia VIDEO PODCAST

Remarks With French President Nicolas Sarkozy on the Situation in Georgia FULL STREAMING VIDEO Secretary Condoleezza Rice Le Fort de Bregancon, France August 14, 2008 PODCAST OF THIS ARTICLE

SECRETARY RICE: I want to thank you, Mr. President, for inviting me to this very beautiful place and for making room in your schedule on very short notice. I want very much to thank France, as the EU presidency, for the very fruitful mediation that it has undertaken to try and resolve the crisis in Georgia. It is very good that the United States and the European Union, through France, can work so closely together when these crises arise.

I will repeat what I said yesterday, which is it is time for this crisis to be over. The Russian President has said that their military operations have halted. We would hope that he would be true to his word and that those operations will halt. And we will work very hard to see if we can bring an end to this crisis. It is long overdue. Too many innocent people have died and Georgia, whose territorial integrity and independence and sovereignty we fully respect, must be able to get back to normal life.

I’m going to Tbilisi tomorrow, as you know, as the President said, to underscore America’s support for that government. And I just want to thank you again, Mr. President. Thank you.

QUESTION: (In French.)

PRESIDENT SARKOZY: (In French.)

SECRETARY RICE: Merci.

QUESTION: There are widespread reports that the Russians are sabotaging Georgian installations, air fields and other things, as they may or may not be leaving. I’m wondering what your reaction to that is.

Also, today, your colleague – both of your colleagues – Foreign Minister Lavrov has said that the world should forget about Georgia’s territorial integrity and that the people of South Ossetia and Abkhazia will not be able to be rejoined with Georgia by force. Your response to that?

SECRETARY RICE: I would only make two responses. First of all, the President spoke yesterday to concerns about Russian activities, and we’ve discussed those. Those need to stop. The ceasefire, the provisional ceasefire that was agreed to, really must go into place. And that means that activities, military activities, have to stop.

As to the second comment, since I haven’t seen the comments of my colleague Sergey Lavrov, I don’t want to comment on something that’s out of context. But let me just be very clear that the United States of America stands strongly, and the President of France has just said, for the territorial integrity of Georgia. This is a member-state of the United Nations whose internationally recognized boundaries have to be respected. There will be a process for dealing with what has been a difficult conflict in South Ossetia and in Abkhazia, but it proceeds, of course, from UN Security Council resolutions that are already there. And so there shouldn’t be any question about the territorial integrity of Georgia.

2008/T23-1 Released on August 14, 2008

Tags: Condoleezza Rice and Nicolas Sarkozy