Release Date: Jan 05, 2012Contact: 888-249-NEWS
U.S. Chamber Supports ACUS’ Recommendation on Regulatory Cooperation
Boost to Defining the International Role, Responsibility, and Coordination of Regulatory Agencies
WASHINGTON D.C.—The U.S. Chamber of Commerce applauds the Administrative Conference of the United States (ACUS) for finalizing an update of its 1991 recommendation on international regulatory cooperation. The revised recommendation represent a forward-thinking vision for how U.S. regulators should work internationally in support of their regulatory mandate, and also in support of reducing regulatory rooted non-tariff barriers through enhanced cooperation.
“ACUS should be commended for recognizing the ever-growing international dimension of regulation and the need for greater international engagement by our regulators,” said Chamber Senior Vice President for International Affairs Myron Brilliant. “Regulatory dialogues with key trading partners represent untapped potential for boosting exports and this recommendation will help to enhance regulators commitment to cooperation.”
Roughly a year ago, the Chamber suggested ACUS review and update its original 1991 recommendation. The Chamber was pleased to partner with ACUS in April of this year on a joint program that served to make the case for the ACUS review. ACUS has worked since June to consult with a range of stakeholders and regulators to produce its updated recommendation.
“We look forward to continuing to work with ACUS, to promote the awareness and adoption of its recommendations,” added Sean Heather, executive director of the Global Regulatory Cooperation Project (GRC).
The GRC Project at the Chamber seeks to align trade, regulatory, and competition policy in support of open and competitive markets.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
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