From The Business Journals, “Business groups praise export plan, but want more,” in which the National Association of Manufacturers and other trade associations welcome the President’s plans for more export promotion and small business trade support. Excerpt:
“The U.S. export promotion program has been a shadow of what other countries do to support their exporters,” said Frank Vargo, vice president of international economic affairs for the National Association of Manufacturers.
But major policy changes will be needed to double U.S. exports in five years, Vargo said.
First, the Obama administration needs to get Congress to ratify pending trade agreements with Columbia, South Korea and Panama.
That “would lead to thousands of new manufacturing jobs,” Vargo said
See also our Feb. 4 news release, “NAM Welcomes Administration’s Goal of Doubling Exports.”
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