SIIA, TIA Urge Congress to Renew Trade Promotion Authority
The Telecommunications Industry Association “urged” Congress in a news release Thursday to renew Trade Promotion Authority this year. The Software & Information Industry Association, meanwhile, said in a news release that it sent a letter that day to 18 House…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Democrats, requesting their support for President Barack Obama’s call for TPA. “With 75 percent of the overall market for telecommunications equipment and related services located outside of the United States, a robust trade policy agenda is critical to enhancing market access and avoiding trade restrictive policies in the global marketplace,” TIA said. “TPA renewal will send a strong signal to other negotiating parties on the priority the United States places on high-standard trade agreements that enhance trade liberalization and market access for U.S. industry.” TIA sent letters to the Senate Finance Committee and the House Ways and Means Committee Tuesday, asking for TPA’s passage. “SIIA shares President Obama’s view that TPA is necessary to set trade rules that will benefit American workers and companies for years to come,” Mark MacCarthy, SIIA vice president-public policy, said in the release. “TPA would encourage modern trade agreements that recognize this vital need, and that are crucial to our business and economic competitiveness.”