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OCTOBER  

NAM Creates WTO Action Group/Issues Trade Agenda


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Reacting to the end of July breakthrough that allows the World Trade Organization (WTO) Doha Round negotiations to move forward, the National Association of Manufacturers (NAM) announced the creation of a special WTO Action Group to promote, advocate and achieve manufacturers' Doha Round trade liberalization goals.

The WTO Action Group will be part of its International Economic Policy Committee structure and work with Congress and the Administration to focus attention on manufacturing's trade-related priorities across the entire spectrum of industrial interests during the Doha Round. The group will also reach out to counterpart manufacturing organizations in Europe, Japan and other countries. The NAM will continue to lead the Zero Tariff Coalition, a group of more than two dozen industry associations working for sectorial tariff elimination in the Doha Round.

USTR Robert Zoellick signed the agreement adding the Dominican Republic to the countries covered by the US-Central American Free Trade Agreement (CAFTA). The CAFTA also includes Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. With the addition of the Dominican Republic, the agreement covers the second largest US export market in Latin America - exceeding Brazil and only behind Mexico.

NAM also released its 2005 Trade Agenda which is focused on strengthening manufacturing in America and improving the international competitiveness of our manufacturing industry in the worldwide economy. NAM's trade principles include:

    Achieving broad trade liberalization with effective reciprocal market access in the WTO Doha Development Agenda negotia- tions;
  • Achieving full implementation and enforcement of Free Trade Agreement and WTO commitments and rules;
  • Expanding market access and economic benefits for manufacturing through bilateral, regional and multilateral trade negotiations;
  • Seeking the elimination of trade distorting subsidies and enforce WTO-consistent application of US trade law;
  • Sharply reducing the trade-distorting effects of diverging, overly burdensome or non-competitive regulatory and standards policies, processes and requirements;
  • Promoting innovation through strong intellectual property protection, enforcement and anti-counterfeiting measures; and
  • Promoting US export opportunities especially for small companies, trade education and advocacy opportunities to improve US competitiveness and economic growth.
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