"There
has never been a better time for U.S. companies to sell
and invest abroad," says Secretary of Commerce
Carlos M. Gutierrez in his introduction to the 2005
report of the federal government's Trade Promotion Coordinating
Committee (TPCC). Among the reasons for this favorable
export climate noted in the report are:
newly negotiated and implemented free trade agreements
such as those with Chile, Singapore, Australia,
and Morocco that open new markets to U.S. exporters;
organizational reforms and partnering initiatives at
key federal export-promotion agencies that enhance their
ability to aid U.S. exporters, especially small and
medium-sized businesses;
country- and issue-specific initiatives, such as those
to protect intellectual property rights of U.S. companies.
In
its three chapters, the 2005 TPCC report focuses on
each of these factors. It also identifies areas of future
growth for U.S. exports, highlighting seven key geographic
markets and identifying industry sectors within them
that are likely to experience export growth over the
coming years.
The
TPCC is an interagency group chaired by the secretary
of commerce. The Export Enhancement Act of 1992 established
the TPCC to harmonize the export promotion and financing
programs of the U.S. government, as well as to develop
a comprehensive plan for implementing such programs.
(May
2005; xviii, 32 pages; ISSN 1544-7057)
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