Washington, D.C., September 25, 2019 – Following the announcement of a partial trade deal between the United States and Japan today on the sidelines of the UN General Assembly in New York, the United States Council for International Business (USCIB), which represents America’s most successful global companies, welcomed the conclusion of the deal with Japan addressing some key trade concerns, but looks forward to continued negotiations of a comprehensive agreement to benefit American businesses in all sectors.
“This partial deal is an important first step in opening the market with the fourth largest trading partner of the United States,” said USCIB President and CEO Peter Robinson. “However, several other sectors that also have trade concerns are not covered by this agreement, so we urge the Administration to continue negotiations to create vital opportunities for U.S. companies exporting to and investing in Japan.”
USCIB continues to support a comprehensive trade deal including important provisions on broad market access, intellectual property protections, investment, customs and trade facilitation, financial services, and dispute settlement. These provisions, providing broad access and protections, are key to ensuring the economic success of American companies in the global market place.
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world, generating $5 trillion in annual revenues and employing over 11 million people worldwide. As the U.S. affiliate of the International Chamber of Commerce (ICC), the International Organization of Employers, and Business at OECD (known as BIAC), USCIB helps to provide business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.
Kira Yevtukhova, USCIB
+1 202.617.3160, email@example.com