President Obama recently signed an executive order, establishing the Interagency Trade Enforcement Center (ITEC) within the U.S. Trade Representative (USTR).  The Obama administration is aimed at doubling exports by the year 2015, and this new agency will help facilitate that goal.
 
According to Ron Kirk, Ambassador of USTR, the ITEC is among the most significant commitment of resources and expertise since the establishment of the USTR. The purpose of the Interagency Trade Enforcement Center will be to coordinate U.S. trade rights under international agreements, monitor unfair trade practices, as well as identify and eliminate foreign trade barriers. These tasks will hopefully curb the production of counterfeit and unsafe goods and improve market access for U.S. exporters. The ITEC will also strengthen trade enforcement of intellectual property laws.
 
Chairman of the House Trade Working Group, Rep. Mike Michaud (D-Maine), said, “Signing this order brings us one more important step closer to the level of trade enforcement we need to counter the predatory practices of countries like China.”
 
Based on the signed executive order, the mission and function of The Interagency Trade Enforcement Center will be to:
 
(a) serve as the primary forum within the Federal Government for USTR and other agencies to coordinate enforcement of U.S. trade rights under international trade agreements and enforcement of domestic trade laws;
 
(b) coordinate among USTR, other agencies with trade related responsibilities, and the U.S. Intelligence Community the exchange of information related to potential violations of international trade agreements by our foreign trade partners; and
 
(c) conduct outreach to U.S. workers, businesses, and other interested persons to foster greater participation in the identification and reduction or elimination of foreign trade barriers and unfair foreign trade practices.
 

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The Energy Department stated that the Initiative is the country’s first federal government coordinated effort to support renewable energy and energy efficiency exports.  The Energy Department also stated that through the implementation of 23 inter-agency actions, the Initiative will facilitate a significant increase of renewable energy and energy efficiency exports during the next five years, helping to meet the goals of the National Export Initiative and President Obama’s challenge to become the leading exporter of clean energy technologies.

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NAFTA Key to NEI Success?

19 November 2010

U.S. Commerce Secretary, Gary Locke, hosted a meeting for North America’s Industry Ministers.  Tony Clement, Canada’s Minister of Industry, and Bruno Ferrari, Mexico’s Secretary of Economy, were in attendance.  They discussed the importance of trilateral cooperation on issues such as the National Export Initiative.  The leaders agreed to identify ways to encourage small and medium-sized firms to export their goods and services.  Secretary Locked added:

Canada, the United States, and Mexico have a sophisticated and robust trade relationship because of NAFTA…Because our businesses already cooperate in the production of goods and delivery of services, we must work together to develop strategies that will benefit these businesses and the workers of this region.

 According to American Shipper, trilateral trade among the NAFTA partners totaled more than $735 billion in 2009.  (An increase of 148% since the year before NAFTA’s implementation.)

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It appears that the National Export Initiative (NEI) is on track to fulfill the President’s goal of doubling exports and creating several million jobs over the next five years.  According to this press release, significant progress has already been made on the President’s five main objectives:

  1. Improved advocacy efforts on behalf of U.S. exporters: The Department of Commerce has coordinated 18 trade missions with over 160 companies participating in 24 countries.
  2. Increased access to export financing: Ex-Im has more than doubled its loans to support American exporters from the same period last year, helping to support nearly 110,000 jobs.
  3. Reinforced efforts to remove barriers to trade: In March, the United States reached an agreement with China to reopen the Chinese market to U.S. pork and pork products. In June, the United States agreed with Russia to reopen the Russian market to U.S. poultry exports. These steps are worth more than $1 billion.
  4. Enforcement of trade rules:  Last week the WTO ruled that European governments subsidized Airbus’s large civil aircraft.   This ruling is expected to sustain and even restore jobs to American aerospace workers by leveling the playing field for the U.S. aerospace industry.
  5. International promotion of policies leading to strong, sustainable and balanced economic growth: These last 18 months have been the most effective period of international economic cooperation in generations with global growth replacing economic contraction.

Members of the President’s Export Council have been announced.  Several appointees represent companies that are Management Dynamics customers (shown in bold)!

  • Jim McNerney, Chairman, President and CEO of Boeing (Council Chair)
  • Ursula Burns, Chairman and CEO of Xerox Corporation (Council Vice Chair)
  • Mary Vermeer Andringa, President and Chief Executive Officer of Vermeer Corporation
  • Stephanie A. Burns, Chairman, President and CEO of Dow Corning Corporation
  • Scott Davis, Chairman and Chief Executive Officer of UPS
  • Dick Friedman, President and Chief Executive Officer of Carpenter & Company, Inc.
  • Gene Hale, President and Founder of G&C Equipment Corporation
  • C. Robert Henrikson, Chairman, President and Chief Executive Officer of MetLife, Inc.
  • William Hite, General President of United Association
  • Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company
  • Charles R. Kaye, Co-President of Warburg Pincus
  • Jeff Kindler, Chairman and Chief Executive Officer of Pfizer
  • Andrew N. Liveris, President, Chairman and Chief Executive Officer of The Dow Chemical Company
  • Robert A. Mandell, Chairman and Chief Executive Officer of Greater Properties
  • Alan Mulally, President and Chief Executive Officer of Ford Motor Company
  • Raul Pedraza, Founder and President of Magno International L.P.
  • Ivan Seidenberg, Chairman and Chief Executive Officer of Verizon
  • Glenn Tilton, Chairman, President and Chief Executive Officer of UAL Corporation and Chairman and Chief Executive Officer of United Air Lines
  • James S. Turley, Chairman and Chief Executive Officer of Ernst & Young
  • Patricia A. Woertz, Chairman of the Board, Chief Executive Officer and President of Archer Daniels Midland Company
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