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US Trade Representative Ron Kirk Releases the 2010 Trade Policy Agenda

03/09/10

Source: USTR.gov
Related Topics: Government Agencies International Trade

To see the full text of the President’s 2010 Trade Policy Agenda, go to: www.ustr.gov/2010-trade-policy-agenda.

From a USTR press release, here are the highlights of the Agenda:

Support and strengthen a rules-based trading system. The United States strongly supports an ambitious and balanced Doha agreement that liberalizes three core market access areas - agriculture, goods and services.  An agreement that boosts the world economy, supports jobs here at home, and assists poor countries can be reached if all major economies come to the negotiating table.

Enforce American rights in the rules-based trading system. In 2009, the Obama Administration responded to Americans' calls for more vigilant enforcement of our trade rights.  In 2010, USTR will strengthen further monitoring and enforcement, bringing cases at the WTO as necessary.  We will increase focus on non-tariff barriers that hinder U.S. exports. We will fully enforce labor and environmental rights in trade agreements.

Enhance U.S. growth, job creation and innovation. Deeper engagement with major emerging markets is critical for American trade prospects and the realization of trade's benefits in terms of economic growth, well-paying jobs here at home, and support for American innovation.  We will emphasize bilateral relations with such markets as well as with long-standing key partners, and will pursue regional engagement, particularly the President's intention to negotiate a Trans-Pacific Partnership Agreement to access key markets in the Asia-Pacific for decades to come.

Work to resolve outstanding issues with pending FTAs and build on existing agreements. Proper resolution and implementation of the pending FTAs with Panama, Colombia and Korea can bring significant economic benefits.  In 2010, we will continue to consult with Congress and the public and to engage with these nations to address outstanding issues; we will also strengthen relationships with current partners such as Canada, Mexico, Japan, and the European Union, and seek to maximize returns on the economic opportunities of existing agreements.

Facilitate progress on national energy and environmental goals. Good trade policy can accelerate the success of sound energy and environmental initiatives and can complement sustainable growth. We support fast-tracking action with willing partners in the WTO's work on liberalizing trade in innovative, climate-friendly goods and services through tariff reductions, and other initiatives.

Foster Stronger Partnerships with Developing and Poor Nations. This administration supports expanding trade opportunities to stimulate market-led growth and help improve the lives of people in the least developed nations.   Opportunities created by open markets and preferences such as the Generalized System of Preferences require complementary measures such as technical assistance, and market-based and rule of law reforms at home to maximize benefits.

Reflect American values in trade policy. USTR will consult with Congress, partner with small businesses, continue innovative outreach with new media tools, and widen the scope of stakeholder input to ensure as broad a cross-section of views as possible, consistent with our goals of openness in government.

USTR Kirk also testified before the Senate Finance Committee this week. A webcast of the hearing is available at http://finance.senate.gov/sitepages/hearings.htm.
 







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