The Bush Administration on March 3rd delivered to Congress the 2008 Trade Policy
Agenda and the 2007 Annual Report of the President of the United States on the
Trade Agreements Program.
The report highlighted the Administration’s 2007 accomplishments of opening
new markets, developing and implementing new policies, and enforcing US trade
agreements to ensure trade is free and fair.
"President Bush's accomplishments of opening markets at every opportunity
have advanced the pro-growth benefits of free and fair trade" suggested
US Trade Representative Susan C. Schwab.
She continued:
"Through negotiations for reciprocal access bilaterally, regionally, and
multilaterally - and tough enforcement to ensure that our trading partners must
keep their promises of open markets - the past seven years have reaped record
exports, job creation, growth, and productivity."
Bilaterally, in 2008, the Administration announced that it will build on the
passage of the Peru Free Trade Agreement (FTA) by working with Congress to advance
other pending FTAs with Colombia, Panama and South Korea.
These pending agreements offer substantial opportunities for US farmers, ranchers,
workers, manufacturers, and producers. Passing and implementing an FTA with
Colombia will solidify relations with a key strategic ally in Latin America,
the USTR added.
The Korea-US (KORUS) FTA is the most commercially significant FTA the United
States has concluded in 15 years and when implemented will offer immense opportunities
to US business and agriculture in a rapidly growing and sophisticated market.
Multilaterally, the United States will continue its efforts towards concluding
an ambitious Doha Development Round. Concluding an ambitious Doha Round is President
Bush’s top trade negotiating priority, according to Schwab, and will generate
economic growth through new trade flows in agriculture, industrial goods and
services - helping to lift millions of people in developing counties out of
poverty.
In addition, the Administration stated that it will continue to aggressively
combat intellectual property rights (IPR) violations in order to protect both
industry and consumers.
In 2007, the Administration continued to lead the fight against IPR violations
through launching negotiation of an Anti-Counterfeiting Trade Agreement with
other trading partners. Additionally, it filed cases in the World Trade Organization
(WTO) over China’s deficiencies in protecting and enforcing copyrights
and trademarks.