Recently in Apr 2011 Category

U.S. Chamber's International Policy Update (April 8, 2011)

U.S. Chamber Hails Progress on U.S.-Colombia Trade Agreement

The U.S. Chamber of Commerce applauded the April 6 announcement that the United States has reached an agreement with Colombia on labor and judicial reforms that will open the door for Congressional approval of the long-pending U.S.-Colombia Trade Promotion Agreement. "Presidents Obama and Santos showed courage and pragmatism in striking this accord," said U.S. Chamber President and CEO Thomas J. Donohue. "Passionate, bipartisan support in Congress for the trade agreement with Colombia was also critical to this breakthrough, as was the tireless work of Ambassador Kirk. This proves the United States can still lead on trade. The Chamber will work closely with the White House and Congress to secure approval of the three pending free trade agreements in the weeks ahead."
On April 6, Quality Float Works (QFW), headquartered in the suburbs of Chicago, testified before the U.S. House of Representatives Committee on Small Business. Jason Speer, Vice President of QFW strongly made the case for approval of all three pending trade agreements as a way to both grow the U.S. economy and create jobs for Americans. Watch Jason make the case for trade.

QFW manufacturers hollow float metal balls and float valves used to level liquid controls in a wide variety of industries including gas, plumbing, oil and agricultural applications. In 2001, exported goods accounted for only 3% of their total sales. Last year, exports accounted for one third of the company's total sales.

Sixth Round of TPP Negotiations Moves Forward

The nine Trans-Pacific Partnership (TPP) partners (Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, and the United States) completed the sixth round of negotiations in Singapore on March 26 - April 3. Reports suggest that the talks went well, and progress was made towards reaching the goal of a substantially concluded agreement by the November Asia-Pacific Economic Cooperation (APEC) Leaders Meeting in Hawaii. Notably, the United States tabled legal text on regulatory coherence, a nontraditional element of an FTA agreement which the Chamber has been a strong advocate in favor of including. The next round of negotiations is scheduled to be held in Vietnam June 20-24.

ChamberPost: This Week in Trade, April 2011




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