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News & Insights

NFTC Welcomes Administration’s 2014 Trade Agenda

March 4, 2014


Washington DC – The National Foreign Trade Council (NFTC) today welcomed the release of the Administration’s 2014 Trade Agenda. NFTC President Bill Reinsch released the following statement.

“The Administration’s 2014 Trade Agenda outlines many issues of importance to the NFTC and our members. Much progress has been made in Trans-Pacific Partnership (TPP) negotiations, and the Transatlantic Trade and Investment Partnership (TTIP) talks are well underway. Once completed, these two historic agreements will significantly expand U.S. market access, increase exports and create American jobs, and we are encouraged to see that concluding these high-standard agreements is a main focus for the Administration and its trade negotiators.

“However, in order to ensure that these agreements and future agreements benefit the U.S. economy, businesses and workers, we need Congress to pass Trade Promotion Authority (TPA) legislation. We are pleased to see that passage of TPA is a top priority for the Administration, and we urge Congress to act as soon as possible this year.

“We also welcome the Administration’s commitment to build off the recent momentum in Bali and continue to actively pursue and be a key player in negotiating multilateral agreements through the WTO.

“Additionally, the trade agenda also highlights the Administration’s commitment to work with Congress to renew Trade Adjustment Assistance legislation, an action the NFTC fully supports, as it will enhance U.S. competitiveness to promote growth and prosperity for American businesses and workers.”
 

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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:

 

 

 

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