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Tag: Trade

Making Trade Work Better

Making Trade Work Better

The U.S. Senate is expected as soon as February 10 to begin considering a negotiated compromise bill to reauthorize the trade facilitation and enforcement functions of U.S. Customs and Border Protection (CBP). Among other provisions that support lawful trade, the bill authorizes completion of the “single window” trade documentation submission system and facilitates cooperation between CBP and trademark holders to prevent importation of counterfeit products. The compromise also contains new Read more [...]
NEMA/MITA Highlights: President Obama’s 2016 State of the Union Address

NEMA/MITA Highlights: President Obama’s 2016 State of the Union Address

By Kyle Pitsor, Vice President of Government Relations, NEMA President Obama’s final State of the Union address set the tone for his last year in office and set forth his vision for policies in America. The full transcript of the address can be found here. NEMA’s summary of key points in the address that affect electrical equipment and medical imaging technology manufacturers is provided below. International Trade Trans-Pacific Partnership President Obama touted the completion Read more [...]
Let’s Get Real

Let’s Get Real

Why is Congress finding it difficult to pass legislation that helps U.S. business export to developing countries, supports U.S. jobs, and sends money to the U.S. Treasury? The subject is the U.S. Export-Import Bank, which for eight decades has helped U.S. exporters “get paid” but which may be in its last days due to a persistent echo-chamber of falsehoods and misunderstandings. Urge your Senators and Representative to support “Ex-Im” reauthorization. Opponents of the Bank, including leading Read more [...]
IEC Pleased to Announce Re-admission of IRAN

IEC Pleased to Announce Re-admission of IRAN

Late Friday, June 20th, Geneva based International Electrotechnical Commission (IEC) announced the immediate re-admission of the IEC National Committee of Iran as IEC’s 83rd member.  In its pronouncement, the IEC stated that the re-admission was made possible by the payment of Iran’s outstanding annual membership dues. It remains uncertain if the re-admission applies to IEC’s Conformity Assessment Activity.  The announcement of the initial suspension of Iran was followed by a strongly Read more [...]
Might Seem Crazy…

Might Seem Crazy…

World Trade Week (May 19-24) should be a time to sit at the kitchen table and contemplate the importance of international trade for your company, your industry and you. It should also be a time to educate others about what you find out. For example, Where does that key component for your product come from (and what happens if it doesn't come)? How many of your colleagues' jobs are dependent on making sales outside the U.S.? If your potential customer could finance the purchase of your product, Read more [...]
Voices on Trade

Voices on Trade

President Obama's point man on trade, U.S. Trade Representative Michael Froman (@MikeFroman), met recently with the NEMA Board of Governors. Why? I venture a guess that it's because they care about trade and access to international markets. If I'm right, it turns out they are in good company.    Recent polling commissioned by the Business Roundtable (BRT) found that 82 percent of Americans support U.S. trade negotiations to open foreign markets and ensure Read more [...]
FACT SHEET: Executive Order on Streamlining the Export/Import Process

FACT SHEET: Executive Order on Streamlining the Export/Import Process

http://wh.gov/lPlXu The White House Office of the Press Secretary For Immediate Release February 19, 2014 In his State of the Union address, President Obama set an ambitious agenda to make 2014 a year of action: using his pen and his phone to take steps that expand opportunity for America’s middle class – including helping small American businesses compete in a global economy. Today, aboard Air Force One, the President will sign a new Executive Order on Streamlining the Read more [...]
IEC Issues Cautionary Statement on Iranian Sanctions

IEC Issues Cautionary Statement on Iranian Sanctions

Following the conclusion of a visit by a large French business delegation to Iran, aimed at reviving economic ties, Geneva based International Electrotechnical Commission (IEC) issued a strongly worded cautionary statement to countries participating in its Conformity Assessments Systems. IEC General Secretary & CEO, F.W.P. Vreeswijk, warned that it’s the responsibility of the member body in each participating country in the establishment of the national rules implementing any one of IEC’s Read more [...]
Competitiveness is the Best "Protection" for Jobs

Competitiveness is the Best "Protection" for Jobs

U.S. electroindustry companies sell billions of dollars of equipment outside the U.S. each year. These companies employ many thousands of workers here in the U.S., workers whose employment depends on the ability of their company “teams” to innovate, make sales, and satisfy their customers. With most of the world’s people (95 percent) and supporting infrastructure outside the U.S., it makes sense that companies want to gain access to more markets, be competitive, and make more sales Read more [...]
Navigating To Compete

Navigating To Compete

This morning at a House of Representatives committee hearing, a major U.S. manufacturer and exporter testifed that the country's transportation and port infrastructure is inadequate to meet its needs to get its products to overseas customers. What solution is the company using to stay competitive in the global marketplace? Ship their products from Canadian ports. How is this possible (on many levels)? Let's take a quick look at this situation, since it points to a Read more [...]