International Trade and Investment

Policy Priorities for 2012

Level the global playing field for American businesses and workers by lowering barriers to trade and investment.

  • Lay the groundwork for renewal of the president’s trade negotiating authority.
  • Press for a high-standard Trans-Pacific Partnership Agreement and accession of additional economies that show sustained commitment to market-opening reforms and a willingness to put all issues on the table.
  • Support congressional approval of permanent normal trade relations for Russia and repeal of the Jackson-Vanik amendment with regard to Russia.
  • Advocate for a Trans-Atlantic Economic and Trade Pact to eliminate tariffs on U.S.-EU trade; ensure compatible regulatory regimes; and address services, investment, and procurement.
  • Support negotiation of a plurilateral agreement to further liberalize trade in services and other sectoral agreements under the aegis of the World Trade Organization (WTO).
  • Explore the feasibility of bilateral negotiations for free trade agreements with Brazil, Egypt, India, and Indonesia.
  • Secure entry-into-force of trade agreements with South Korea, Colombia, and Panama on a commercially sound basis as soon as practical.
  • Press for negotiation of strong U.S. investment treaties with India and China.
  • Negotiate tax treaties with key countries, especially Brazil.
  • Support trade facilitation through the Revised Kyoto Convention on Customs.
  • Improve U.S. trade promotion programs to help small businesses export.
  • Secure reauthorization of the U.S. Export-Import Bank and Overseas Private Investment Corporation (OPIC).
  • Educate the public on the benefits of international trade and investment.

Fight economic isolationism, including undue restrictions on exports, investment, procurement, sourcing, travel, and foreign exchange.

  • Modernize export controls to support U.S. competitiveness and national security.
  • Support multilateral efforts to reduce global imbalances.
  • Oppose “buy local” mandates in U.S. and foreign procurements.
  • Support the free flow of commercial information on the Internet.
  • End unilateral sanctions that close foreign markets only to U.S. exporters.

Align trade, regulatory, and competition policy to ensure open and competitive markets.

  • Redefine the international role, responsibility, and coordination of U.S. regulators.
  • Advance regulatory cooperation between the United States and its major trading partners.
  • Combat state capitalism and anti-market industrial policies around the world.
  • Press for transparent, predictable, and fair antitrust enforcement around the globe.
  • Advocate for an open, private sector-driven approach to standards development.
  • Support the rule of law in global markets.

 

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