Chairman Paul Ryan’s First Public Address on Trade

Mar 20, 2015

WASHINGTON, DC, USA - On February 5th, 2015, Chairman Paul Ryan (R-WI) delivered his first public address on trade. Hosted by the Washington International Trade Association (WITA) in partnership with the World Trade Center Washington, D.C. (Ronald Reagan Building and International Trade Center) the event drew an audience of prominent and highly active international trade policy professionals.

Chairman Ryan described trade as “absolutely vital,” a process of positive gains and collaboration amongst countries. He stressed that trade agreements are key to providing a fair chance to American workers in today’s international economy, and to small and medium enterprises that account for 98% of all US exports. Calling attention to the importance of setting a good example for trade agreements, he stated, “If we don’t write the rules of the global economy, somebody else will – somebody who may not have our best interests at heart. And if we don’t like the way the global economy works, then we have to get out there and change it.”

The Chairman presented an agenda that went beyond the ongoing Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) negotiations, such as his aim to reauthorize the Generalized System of Preferences (GSP), pass Trade Promotion Authority (TPA), renew the African Growth and Opportunity Act (ASAP), move forward on the Miscellaneous Tariff Bill, and pass the Customs Trade Facilitation and Enforcement Act.

His last statements emphasized that the finalization of major trade agreements and the approval of this legislation would give the US staying power and promote throughout the world the American idea of a free-enterprise system.

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