CCIA Looks Forward To Approval of Trade Agreements

BY CCIA Staff
October 3, 2011

The Computer & Communications Industry Association welcomes the news that the White House is sending the trade agreements with Korea, Colombia and Panama to Congress for approval.

As the leading export industry of the U.S., the high-tech sector in particular benefits greatly from expanded trade.  CCIA has continued to support these agreements, especially the Korea free trade agreement, which would become the second largest FTA (after NAFTA) implemented by the United States.

The agreement with Korea includes electronic commerce provisions and government procurement provisions and would contribute toward the National Export Initiative goal of doubling U.S. exports over five years.

The following statement can be attributed to CCIA President & CEO Ed Black:

“We hope that a strong bipartisan vote here for economic expansion will be the first step in restoring the bipartisan free trade consensus that once existed in Congress.

“The agreement contains provisions that would expand market access for the technology industry to a major trading partner. The U.S. International Trade Commission estimates the Korea FTA’s implementation would increase U.S. GDP by up to $12 billion.

“CCIA looks forward to swift approval of the agreement, thereby revitalizing the U.S. trade agenda, and demonstrating the U.S.’s continued commitment to free trade and open markets, as well as its continued commitment to engagement with Asia, an increasingly important region for high tech trade.

“Votes on trade have been politically challenging lately, though in the past Congress typically united on foreign policy issues that benefitted the country as a whole economically. It is particularly important to take this step because in the five years since these treaties have been pending, other nations have stepped forward with trade agreements. US companies risk falling further behind if our country does not enact its trade agreements.

“With competing agreements such as Korea-EU and Colombia-Canada, which recently took effect, any further delay in enacting our FTAs would lead to a direct ceding of market share.  Our trade stalemate has gone on long enough.”

Related Articles

Global Coalition of Industry Groups Offer Digital Recommendations to G7 Leaders

Apr 9, 2021

Washington — The Computer & Communications Industry Association joined 16 other tech and business groups today to offer joint recommendations  for G7 leaders. The recommendations precede the  G7 Digital and Technology Ministerial on April 28-29. Representatives from tech organizations in each of the G7 countries and Europe plan to meet April 15 to further discuss…

CCIA Offers Recommendations on EU-US Regulatory Agenda

Apr 9, 2021

Washington — The Computer & Communications Industry Association released recommendations for a new start to EU-US cooperation on trade and digital regulations. The Transatlantic relationship remains a key trade partnership, and a renewed commitment to strengthening it through increased dialogue on urgent digital issues is welcomed. CCIA offered recommendations to policymakers supporting increased cooperation on…

CCIA Offers USTR Comments Ahead of Annual Special 301 Report On Trade Barriers

Jan 28, 2021

Washington — In comments filed with the U.S. Trade Representative today, the Computer & Communications Industry Association asked USTR to identify countries using intellectual property rules in ways that pose trade barriers for U.S. exporters in its upcoming Special 301 report. The following can be attributed to CCIA President Matt Schruers:  “Countries continue to pursue…