31.3.09

USTR report out

The USTR came out with its report on the National Trade Estimate On Foreign Trade Barriers, describing the probable areas in which US goods are being denied market access and the measures to be taken to address the same. In a summary of the report, the USTR said that it is:

· beginning a review of the implementation of our existing trade agreements, including the enforcement of the labor and environment provisions;
· initiating a process to prioritize trade barriers enumerated in the National Trade Estimate Report and to address the most significant;
· identifying new cases where market access for U.S. goods and services is in jeopardy because of disregard for the rule of law, costing our workers and businesses export opportunities and jobs;
· planning to prosecute those cases through multilateral and bilateral dispute resolution, so that American workers can trust that their trading system yields results; and
· working with Congress to improve trade enforcement.

For a copy of the report, click here. For alleged Philippine trade barriers, see pages 397-404 of the report.