The American Farm Bureau Federation, Coalition of Service Industries and National Association of Manufacturers have developed an approach to doubling U.S. exports in five years. The ways to achieve this goal according to the organizations include enacting the Colombia, Panama and South Korea Free Trade Agreements; pursuing new trade agreements; reducing non-tariff barriers; improving competitiveness with investments in infrastructure and trade facilitation initiatives; pursuing a Doha Round agreement that expands world trade; and improving export promotion efforts and financing policies.
AFBF Director of International Policy Rosemarie Watkins says those measures are critical for increasing U.S. agricultural competitiveness around the world and meeting the growing world demand for food with U.S. ag products.
If the President's goal of doubling exports is to be realized, CSI President Bob Vastine says the government must create a supportive trade policy environment that addresses discriminatory trade barriers established by trading partners.
NAM Vice President of International Economic Affairs Frank Vargo says U.S. exports will fall nearly $300 billion short of the President's goal in 2014 if drastic changes aren't made to work toward the goal. Vargo says the U.S. needs to enact policies to make it easier for U.S. companies to reach new markets.
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