Annual Trade Report highlights China's inadequacy in enforcing IPR
01 Apr '06
4 min read
The Office of the United States Trade Representative today released its 2006 National Trade Estimate Report on Foreign Trade Barriers (NTE), an annual report documenting foreign trade and investment barriers and U.S. efforts to reduce and eliminate those barriers.
"We have an aggressive and proactive agenda to open markets and reduce trade barriers so that American workers, farmers and businesses can sell their goods and services to the 95 percent of the world's consumers living outside the United States," said USTR's General Counsel Jim Mendenhall. "The NTE report is a useful tool in identifying trade barriers our exporters face."
"Our job is to break down those barriers -- whether they are tariff or non-tariff barriers -- because it is essential to our continued economic growth and prosperity," continued Mendenhall.
"Open trade is good for all countries. One of the reasons we seek an ambitious and successful Doha Round is because of the potential for global growth and poverty alleviation from the reduction of trade barriers."
The NTE covers 62 major trading partners in each region of the world and provides an account of barriers and unfair trade practices to American exports of goods, services, and farm products.
While the NTE report itself details successful efforts to reduce barriers to Americans around the world, some noteworthy examples of success in the past year include:
European Union - Geographical Indications. The World Trade Organization