Washington DC – Today, National Foreign Trade Council (NFTC) Vice President for Global Trade Issues Jake Colvin issued the following statement welcoming the news that the United States officially accepted the World Trade Organization (WTO) Trade Facilitation Agreement (TFA).
“Today’s announcement that the United States has taken its final step toward implementing the WTO Trade Facilitation Agreement signals an important moment for U.S. trade policy and the multilateral trading system.
“We commend Ambassadors Froman and Punke for their leadership throughout the negotiations and implementation process. Their commitment to pursing trade agreements that advance the rules-based trading system, like TFA, has not gone unnoticed.
“We hope that other countries recognize the importance of this agreement as a way to modernize trade rules, and we call on them to follow suit and ratify TFA without delay.”
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: