Category: Press Releases and Statements
NFTC Letter of Intent to Provide Testimony at USTR Hearing on WTO Environmental Goods Agreement
Washington DC – On May 5, National Foreign Trade Council (NFTC) Vice President for Global Trade Issues Jake Colvin submitted a letter to the Office of the U.S. Trade Representative (USTR) indicating his intention to provide testimony at the hearing to be held on June 5, 2014, in connection with the World Trade Organization (WTO) Environmental Goods Agreement.
Click here to read a summary of the testimony.
About the NFTC
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org – The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
NFTC Statement on Senate Finance Committee Hearing on 2014 Trade Agenda
Washington DC – National Foreign Trade Council (NFTC) President Bill Reinsch released the following statement on today’s Senate Finance Committee hearing on the Administration’s 2014 trade agenda.
“As Ambassador Froman noted in his testimony, the United States is currently negotiating a very ambitious trade agenda – the Trans-Pacific Partnership, Transatlantic Trade and Investment Partnership, Trade in Services Agreement and a deal at the World Trade Organization on environmental goods. To ensure further economic growth and that these 21st century agreements expand market access for U.S. goods and services in key markets around the world, Congress must enact modernized Trade Promotion Authority (TPA).
“TPA is a critical tool to advance trade agreements that boost the U.S. economy and benefit American businesses and workers. We urge Congress to pass TPA legislation as soon as possible this year.”
About the NFTC
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org – The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
NFTC Receives 2014 World Trade Week NYC Global Trade Award
Washington DC – The 2014 Global Trade Award will be presented to the National Foreign Trade Council (NFTC), World Trade Week NYC (WTW NYC) announced today. The NFTC is being honored for its 100 years of significant contributions to the growth of international trade in the New York metropolitan region, particularly in the areas of export growth, market access and advanced training for international human resources professionals. The award will be presented at an awards ceremony at Baruch College in New York, NY, on May 12, 2014, as part of the kick-off breakfast for WTW NYC 2014, which continues through May 23. The NFTC is a partner for WTW NYC 2014, along with dozens of other international organizations from the tri-state area.
“We are honored to receive this year’s Global Trade Award from World Trade Week NYC,” said NFTC President Bill Reinsch. “International trade is essential to growing the U.S. economy, increasing exports and creating American jobs, and for 100 years now, the NFTC’s mission has been advocating for an open and rules-based global trading system. We greatly appreciate the recognition for our efforts.”
“As we celebrate our centennial year, the NFTC is flattered and humbled by this prestigious recognition from our peers in similar international organizations. The NFTC has long been dedicated to advancing international trade opportunities for U.S. companies, especially in the tri-state area. We’ve had a strong presence in New York since our inception in 1914, and our midtown offices provide critical services to our many members in New York,” said NFTC Vice President for Strategy and Growth James Wilkinson. “We are proud of our long heritage in aiding U.S. exporters – in New York, regionally and nationally – by bolstering their international human resources capabilities and at the policy level by pressing for greater market access and lowering non-tariff barriers. We will continue to do our part to advocate for the negotiation and implementation of trade and investment initiatives that will boost U.S. economic growth and create American jobs.”
The WTW NYC Global Trade Award is the second major honor for the NFTC in its centennial year. On April 2, the NFTC was presented the 2014 Advancing International Trade Award by the National Association of Small Business International Trade Educators International (NASBITE International) – the leading professional society of international trade educators – in honor of its 100-year legacy of advancing international trade. The award was presented at the NASBITE International annual conference in Memphis, TN.
In commemoration of its centennial, the NFTC is convening a nationwide series of activities and programs to examine the future of trade in the context of key industries, regions and issues.
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About the NFTC
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org -The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org -The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
NFTC Submisssion on the OECD Hybrid Mismatch Discussion Draft
NFTC’s Colvin Named Executive Director of Global Innovation Forum
Washington DC – The National Foreign Trade Council Foundation (NFTC Foundation) today announced that Vice President for Global Trade Issues Jake Colvin will now also serve as Executive Director of its Global Innovation Forum (GIF).
GIF connects startup, development and university leaders with innovative corporations and policymakers to promote understanding of the opportunities and challenges associated with engaging in the global marketplace in the digital age.
Since its founding, the GIF has leveraged relationships with respected innovation centers across the United States to host a series of discussions aimed at developing solutions to complex challenges facing innovators who either directly participate in the global marketplace or are partners with multinational companies.
Colvin will focus on expanding the participation of corporate, startup, development and university communities globally, and uniting innovation centers on issues that impact the ability of a broad set of stakeholders to participate effectively in the global marketplace.
In addition to heading up the GIF, Colvin leads NFTC’s trade and environmental policy work, and represents the Council before international organizations including the World Trade Organization, Asia-Pacific Economic Cooperation forum and UN Framework Convention for Climate Change.
To learn more about the GIF, visit www.globalinnovationforum.com/. Join the conversation: @GlobaliForum.
About the NFTC
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org – The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
Moving forward with international trade negotiations
Coalition for Security and Competitiveness Commends Administration’s Progress on Export Control Reform Initiative
Reinsch: “Ambassador Froman is Right – International Trade Plays a Key Role in Our Economy”
Washington DC – National Foreign Trade Council (NFTC) President Bill Reinsch released the following statement on today’s House Ways and Means Committee hearing on the Administration’s 2014 trade agenda.
“The NFTC welcomes the remarks delivered by Ambassador Froman today during the Ways and Means Committee hearing on President Obama’s 2014 trade agenda. Ambassador Froman is right – international trade plays a key role in our economy, and more exports mean more jobs.
“Trade negotiations like the ones currently underway – the Trans-Pacific Partnership, Transatlantic Trade and Investment Partnership, Trade in Services Agreement and the World Trade Organization’s environmental goods negotiations – ensure that U.S. businesses can compete on a level playing field across the globe and that our trading partners play by the rules for a 21st century global trading system. Once completed these agreements will break down market access barriers, increasing exports and creating more American jobs. Trade is essential to stimulating economic growth.
“An important step to ensure the benefits of these agreements and future agreements is congressional approval of Trade Promotion Authority legislation, and we urge the Administration and Congress to work together to achieve this as soon as possible.”
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About the NFTC
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org -The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
NFTC Statement on Senate Foreign Relations Committee Markup of Income Tax Treaties and Protocols
Washington DC – National Foreign Trade Council (NFTC) President Bill Reinsch released the following statement today on the Senate Foreign Relations Committee’s passage of the pending Tax Treaty Protocol agreements with Switzerland and Luxembourg, the Tax Treaties with Hungary and Chile, and the Organisation for Economic Co-operation and Development Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
“We welcome the Senate Foreign Relations Committee’s passage of these tax treaties and protocols, as they will support the movement of trade and investment between the United States and the countries included.
“Tax treaties play a critical role in ensuring a level playing field for U.S. businesses as they engage in global trade, and the NFTC supports treaty policies that prevent double taxation on cross-border investments.
“We commend the Senate Foreign Relations Committee for recognizing the importance of these treaties to U.S. competitiveness, and we urge the Senate to follow suit and pass these agreements as soon as possible.”
On February 26, 2014, NFTC President Bill Reinsch delivered testimony before the Committee recommending ratification of the treaties and protocols under consideration today.
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About the NFTC
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org -The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
NFTC is Celebrating our New Century in 2014! Details at www.nftc.org -The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on:
