NFTC Welcomes New Trade-Related Regulatory Reforms Enacted by Mexican Government

Washington, DC – The National Foreign Trade Council (NFTC) today hosted a roundtable with José Luis Paz, Head of the Mexican Embassy’s Trade and NAFTA Office, to discuss 12 measures recently enacted by the Mexican Government to simplify economic and trade-related procedures and regulations. These measures eliminate unnecessary costs of procedures and regulations in the Secretariats of the Economy, Health and Agriculture, and are designed to facilitate access to the latest technology in Mexico.

“We welcome these new measures, as they bring U.S. and Mexican standards closer to harmonization. We applaud Mexico for recognizing the compatibility of U.S. and Mexican standards for the testing and certification of certain products and working to remove what can often be time-consuming and unnecessary procedural requirements for some U.S. exporters,” said NFTC Vice President for Regional Trade Issues Chuck Dittrich. “By simplifying a number of trade-related procedures, these measures have the potential to significantly increase U.S. exports and strengthen the North American export platform.”

Mexican President Felipe Calderon announced the 12 measures on August 17, 2010.
For more information, please visit www.naftamexico.net/wp-content/uploads/2010/09/sep10.pdf
 

About the NFTC
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.
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NFTC Welcomes TPP Coalition’s Release of Negotiating Principles for Upcoming Brunei Round

Washington, DC – In advance of the upcoming round of Trans-Pacific Partnership (TPP) Agreement negotiations in Brunei next week, the National Foreign Trade Council (NFTC) today welcomed the release of negotiating principles by the U.S. Business Coalition for TPP. The NFTC is a member of the coalition and its steering committee.

NFTC Vice President for Regional Trade Issues Chuck Dittrich released the following statement:

“The negotiating principles released today are workable and are aimed at ensuring that the TPP Agreement becomes the gold standard for high-quality plurilateral agreements.

“The Asia-Pacific region represents the largest export market worldwide. The agreement has the potential to become one of the most ambitious and commercially significant trade pacts the United States has been a party to in more than a decade. Once fully negotiated and implemented, it will serve as catalyst for increased trans-Pacific economic integration and help to bolster U.S. economic growth and job creation. The coalition’s principles represent a unified business consensus on the direction of the TPP and provide a clear roadmap for concluding an agreement by the 2011 APEC Ministerial meetings.”

To read the principles, please click here.

Rep. Camp Calls for Action on U.S. Trade Agenda in Keynote Address at NFTC’s Annual World Trade Dinner

Honored with 2010 World Trade Award

Washington, DC – In a keynote address delivered during last night’s National Foreign Trade Council (NFTC) Foundation World Trade Dinner and Award Ceremony, Ways and Means Committee Ranking Member Dave Camp (R-MI) issued a call to action on the U.S. trade agenda as a means to increase U.S. economic growth and create American jobs.

“Trade agreements are a sure-fire way to boost economic growth by creating new markets for U.S. goods and services without raising taxes or further increasing already bloated federal budgets,” said Rep. Camp. “I am confident that, if we work together – employers and workers, Republicans and Democrats, Administration and Congress – we can demonstrate to the American people the value of trade, we can generate the support needed to increase exports and open new markets for our goods and services, and we can create a brighter economic future for generations to come.”

Rep. Camp outlined his vision for the national trade agenda, which includes:

  • Completing the South Korea trade agreement before the end of the year;
  • Finishing the “languishing” Colombia and Panama agreements within six months;
  • Employing a robust and multipronged strategy to deal with China’s trade abuses, including pursuit of WTO violations when they occur and the resuscitation of the bilateral investment treaty negotiations; and
  • Actively engaging new trading partners to prevent the EU and others from getting a leg up on American made goods and services.
     
Following his remarks, Rep. Camp was honored with the NFTC Foundation’s 2010 World Trade Award for his leadership in building consensus and promoting the benefits of open trade and investment.

“Throughout his nearly two decades of service in the U.S. Congress, Dave Camp has been a thoughtful critic and a valued supporter of international trade. At the NFTC, we know that whether the subject is trade negotiating authority for the President, Congressional approval to implement FTAs, or assisting American workers in their transition to new jobs, Dave Camp’s voice, his vote and his leadership always are critically important,” said NFTC President Bill Reinsch. “Dave also understands how difficult it is for American companies to compete in the global marketplace. His leadership has been critical in fighting against new international tax law changes that will diminish American competitiveness and ultimately reduce American jobs.”

The World Trade Award was established in 1937 by the Dollar Family of San Francisco in memory of Captain Robert Dollar, a pioneer in American shipping and world trade and a charter member of the NFTC. In 1938, Cordell Hull, then-Secretary of State, was the first recipient of the Award.

Last night’s NFTC Foundation dinner was held at the Organization of American States. The event was widely attended by policymakers, members of the business community, ambassadors and embassy officials from a number of countries, including Colombia, South Korea and Panama, among many others.

For the full text of Rep. Camp’s speech, please click here.

About the NFTC

Advancing Global Commerce for Over 95 Years – 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.
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About the NFTC Foundation

Incorporated in 1979, the National Foreign Trade Council Foundation is the educational arm of the NFTC (www.nftc.org). It is a 501(c)(3) organization incorporated under the laws of the state of New York. The NFTC Foundation’s mission is to inspire, encourage and facilitate international trade and investment in order to enhance economic growth and job creation throughout the world.

 

NFTC Welcomes TPP Coalition’s Release of Negotiating Principles for Upcoming Brunei Round

Washington, DC – In advance of the upcoming round of Trans-Pacific Partnership (TPP) Agreement negotiations in Brunei next week, the National Foreign Trade Council (NFTC) today welcomed the release of negotiating principles by the U.S. Business Coalition for TPP. The NFTC is a member of the coalition and its steering committee.

NFTC Vice President for Regional Trade Issues Chuck Dittrich released the following statement:

“The negotiating principles released today are workable and are aimed at ensuring that the TPP Agreement becomes the gold standard for high-quality plurilateral agreements.

“The Asia-Pacific region represents the largest export market worldwide. The agreement has the potential to become one of the most ambitious and commercially significant trade pacts the United States has been a party to in more than a decade. Once fully negotiated and implemented, it will serve as catalyst for increased trans-Pacific economic integration and help to bolster U.S. economic growth and job creation. The coalition’s principles represent a unified business consensus on the direction of the TPP and provide a clear roadmap for concluding an agreement by the 2011 APEC Ministerial meetings.”

To read the principles, please click here.

USA*Engage, NFTC Honor Senator Dodd for Leadership on U.S. Cuba Policy, Multilateral Approach to Iran Sanctions

Washington, DC – USA*Engage and the National Foreign Trade Council (NFTC) today honored Senator Christopher J. Dodd (D-CT) for his more than 35 years of leadership on issues related to international trade, diplomacy and U.S. global engagement. During the 13th annual USA*Engage luncheon, Senator Dodd was recognized for his commitment to reforming U.S. Cuba policy and advocating a multilateral approach to imposing sanctions against the Iranian regime.

“As a man who cares deeply about U.S. relations with Latin America, he has been a real champion for improving our Cuba policy. Senator Dodd has clearly understood and pointed out repeatedly that engagement and trade with Cuba can actually advance U.S. national security and that helping families get together and supporting humanitarian issues is the right thing to do,” said USA*Engage Co-Chair Del Renigar, who also serves as Senior Counsel for International Policy & Trade at General Electric.

“He brought that same passion and that same reasonableness to the Iran sanctions debate….Although USA*Engage continues to have fundamental concerns about unilateral sanctions, their appropriateness and their effectiveness, at the end of the day, we truly and deeply appreciate Senator Dodd’s championing a more multilateral and a more reasonable approach, as he has done throughout his career,” said Renigar.

In addition to being honored for his commitment to multilateralism and rethinking U.S. policy toward Cuba, Senator Dodd was praised for his long career in public service. From his days as a Peace Corps volunteer in the Dominican Republic to his stewardship over Latin America and the Peace Corps on the Senate Foreign Relations Committee, Senator Dodd has consistently advocated U.S. global engagement.

“The United States achieves much more when it works with its friends and constructively engages countries with which it disagrees,” said Senator Chris Dodd. “Negotiations and constructive dialogue should not be viewed as gifts to our enemies, but rather as key tools in our nation’s foreign policy arsenal to advance America’s interest in the world. One of our next steps should be to end our isolationist policy toward Cuba, which has not brought about positive change and has sacrificed the freedom of American citizens to travel to and trade with Cuba.”

“Senator Dodd’s commitment to advancing U.S. interests with the help of our friends and allies is commendable, and we are grateful for his leadership on issues related to international engagement and diplomacy,” said USA*Engage Director Richard Sawaya. “He is a true statesman and will be sorely missed when he retires this year.”

Annually, USA*Engage recognizes a lawmaker who has enhanced America’s national and economic security by promoting active global engagement and multilateral solutions to some of the most challenging foreign policy and trade issues facing the United States. Past honorees include Reps. Jim Moran (D-VA), Earl Blumenauer (D-OR) and Jeff Flake (R-AZ), Sens. Richard Lugar (R-IN) and Mike Enzi (R-WY), then-Sen. Chuck Hagel (R-NE), and former Reps. Lee Hamilton (D-IN) and Cal Dooley (D-CA).

About USA*Engage

USA*Engage (www.usaengage.org) is a coalition of small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad. Established in 1997 and organized under the National Foreign Trade Council (www.nftc.org), USA*Engage leads a campaign to inform policymakers, opinion leaders, and the public about the counterproductive nature of unilateral sanctions, the importance of exports and overseas investment for American competitiveness and jobs, and the role of American companies in promoting human rights and democracy world wide.

About the NFTC
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 Facebook and Twitter.

Leading Trade Group Says Continued U.S. Government Inaction on Mexican Trucking Dispute is Costing U.S. Exporters

Calls on President, Congress to Resolve Dispute As Soon as Possible

Washington, DC – On the heels of an announcement by the Mexican Government that Mexico will impose additional retaliatory tariffs on U.S. goods as a result of the ongoing cross-border trucking dispute, the National Foreign Trade Council (NFTC) today released the following statement.

“As today’s announcement by the Mexican Government makes clear, ignoring the trucking issue and failing to abide by our trade commitments has real economic costs,” said NFTC President Bill Reinsch. “Given the state of the U.S. economy and the current trade deficit, the United States cannot afford to continue standing still on this issue while Mexico imposes new harmful tariffs, causing a shift away from U.S. goods.”

“Failure to take action on this issue is hurting U.S. exporters – from small and large companies as well as our farmers – not our competitors,” said NFTC Vice President for Regional Trade Initiatives Chuck Dittrich. “As we work to achieve the President’s goal of doubling U.S. exports, it is important to keep in mind that every export counts. Today’s announcement should come as a signal to the Administration that resolving the dispute is in the United States’ economic interest.”

“The President has stated his willingness to address the trucking issue, and we urge him to work with Congress to develop a viable solution as soon as possible – one that honors our commitments under NAFTA and which will end Mexico’s retaliatory tariffs,” Reinsch concluded.

About the NFTC
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.

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NFTC Urges Administration to Move Forward With Next Steps on Colombia FTA

With the Canada-Colombia FTA Now Law, U.S. Cannot Afford to Continue Standing Still

Washington, DC – In response to news that the Canadian Government signed the Canada-Colombia Free Trade Agreement into law today, the National Foreign Trade Council (NFTC) released the following statement.

“The news coming out of Canada is a stunning reminder that while we stand still on the trade pact we signed with Colombia in 2006, our competitors are aggressively seizing opportunities to strengthen their economic relations with one of the most important allies we have in Latin America,” said NFTC President Bill Reinsch. “As President Obama pointed out six months ago in his State of the Union address, ‘If America sits on the sidelines while other nations sign trade deals, we will lose the chance to create jobs on our shores.’ The president was right. The cost of inaction is great and the United States can’t afford it.”

“We are encouraged that the Administration committed over the weekend to move forward with negotiations on the pending FTA with Korea, with the goal of approving the agreement this year or early next. However, we urge the president to show the same kind of leadership on the Colombia and Panama agreements. All three agreements and all three markets offer opportunities to generate U.S. economic growth for our key industries,” said NFTC Vice President for Regional Trade Initiatives Chuck Dittrich.

“With respect to agriculture, we are already losing ground in the Colombian market. Just last year, Colombian imports of U.S. corn, wheat and soybean meal declined 60 percent, due in large part to the Mercosur agreement’s full entry into force. To make matters worse, we are in direct competition with Canada to sell our wheat, barley and pork to Colombia. As the U.S.-Colombia FTA continues to sit on the backburner, our exporters are facing high tariffs on these goods, while Canadian exporters will benefit from the phasing out and zeroing out of tariffs. Our farmers cannot afford to continue to lose market share, nor can our manufacturers and service providers. We urge the president to take action now,” said Dittrich.

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About the NFTC
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.

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NFTC and USA*Engage Welcome Ag Committee’s “New Strategy of Engagement” for Cuba

Business Groups Applaud Passage of Legislation to Repeal Travel Ban, Ease Trade Restrictions

Washington, DC – The National Foreign Trade Council (NFTC) and USA*Engage today applauded the House Agriculture Committee for approving H.R. 4645, the Travel Restriction Reform and Export Enhancement Act, during a markup this afternoon. NFTC Vice President for Global Trade Issues Jake Colvin released the following statement:

“NFTC commends the House Agriculture Committee for favorably reporting H.R. 4645. Today’s vote is the first step towards a more rational foreign policy towards Cuba, and one that the business community strongly supports.

“Now that this bill has passed the Committee, we urge House leadership to bring the bill to the floor quickly. Should this important piece of legislation come to the floor, Members’ votes will be included in this year’s NFTC/USA*Engage Congressional scorecard.

“This bill is in the interest of American farmers, businesses and citizens, and would mark one of the only pro-trade votes the House may have this year.

“We applaud the members of the committee who voted in favor of this legislation. We are particularly grateful to Chairman Peterson for his dedication and leadership in moving this bill forward, as well as for his ongoing efforts to champion U.S. Cuba policy reform.”

 

NFTC and USA*Engage have been strong advocates of the legislation which would lift restrictions on travel by American citizens to Cuba and U.S. agricultural and humanitarian exports to the country. Yesterday, the associations sent a letter to all members of the committee urging them to support the bill.
 

*NOTE: If you would like additional commentary or an opportunity to speak with Jake about the markup, please contact Jennifer Cummings at 202-822-9491 or jcummings@fratelli.com.

 
 
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About USA*Engage

USA*Engage (www.usaengage.org) is a coalition of small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad. Established in 1997 and organized under the National Foreign Trade Council (www.nftc.org), USA*Engage leads a campaign to inform policy-makers, opinion-leaders, and the public about the counterproductive nature of unilateral sanctions, the importance of exports and overseas investment for American competitiveness and jobs, and the role of American companies in promoting human rights and democracy world wide.

About The NFTC

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: