International Trade and Investment
Policy Priorities for 2008
Open Foreign Markets
Bilateral Investment and Tax Treaties
- Seek new investment and tax treaties to protect investor rights and avoid double taxation in key foreign markets.
Global Regulatory Cooperation
- Press governments around the world to avoid divergent regulations and other "in-country barriers" that undermine effective market access and stifle free market competition.
Free Market Promotion
- Through the Center for International Private Enterprise (CIPE) and other vehicles, lay the foundation for market-oriented reform and private enterprise in emerging markets by building institutions that support open societies and a culture of entrepreneurship.
Trade Agreements and Trade Preference Programs
- Advocate for congressional approval of pending free trade agreements with Colombia, Panama, and Korea and work for the effective implementation of all current trade agreements at home and abroad. Also advocate for trade programs beneficial to member companies such as long-term renewal of the Andean Trade Preference Act and improvements to the preferences programs with the Caribbean, Haiti, and sub-Saharan Africa.
Trade Facilitation
- Work to make the flow of international commerce faster, cheaper, and more reliable through customs and port administration reforms.
Trade Promotion Authority
- Work to lay the foundation for renewal of the president's Trade Promotion Authority to permit negotiation of additional bilateral free trade agreements as well as multilateral agreements.
World Trade Organization
- Build support among government and business leaders for Russia's accession to the WTO and for WTO's Doha Development Agenda, the latter of which would open international markets for agricultural products, manufactured goods, and services.
Preserve America's Openness
CFIUS
- Defend America's traditional openness to foreign investment and oppose changes to the interagency Committee on Foreign Investment in the United States that could dilute its focus on national security or deter desirable foreign investment in the United States.
Export Controls
- Advance a modernized export control regime that is efficient, predictable, timely and supports both U.S. competitiveness and national security.
Global Sourcing
- Oppose federal and state barriers to global sourcing.
Unilateral Sanctions
- Overturn unilateral sanctions on foreign markets that deny U.S. workers, farmers, and companies business opportunities without achieving the sanctions' stated objectives.
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