Posted by: AT&T Blog Team on February 25, 2014 at 4:07 pm
By Jake E. Jennings, AT&T Executive Director of International External and Regulatory Affairs
Currently, the U.S. is negotiating three trade agreements – the Trans-Pacific Partnership, the Trade in Services Agreement and the Trans-Atlantic Trade and Investment Partnership. When completed, American businesses and workers will gain more open access to two-thirds of the world economy.
Last week, the Obama administration laid out a compelling case for its ambitious trade agenda during a speech by United States Trade Representative Michael Froman at the Center for American Progress. Ambassador Froman did an excellent job of clearly articulating how trade agreements will drive economic growth, boost labor and environmental protections.
He noted trade agreements:
• create new opportunities through increased market access;
• give U.S. companies the ability to sell products and services in those countries just as foreign companies can do so today without the agreements; and
• level the playing field by raising standards and values on everything from environment, labor and e-commerce.
Ambassador Froman also highlighted that cross-border collaboration and data exchange will drive tomorrow’s innovations.