Trade And Investment Framework Agreement

Trade relations between the United States and Uruguay have developed considerably in recent years. In 2002, Uruguay and the United States established a Joint Trade and Investment Commission (JIT) to exchange ideas on a wide range of economic issues. The Commission served as an important mechanism for both countries to improve and expand their trade relations and facilitated the successful negotiations on the bilateral investment treaty between the United States and Uruguay (ILO), which entered into force on 1 November 2006. The United States and Uruguay signed the TIFA – Uruguay on January 25, 2007. TIFA established the Uruguay Trade and Investment Council (TIC) and serves as a mechanism to further deepen dialogue on trade and investment. On 2 October 2008, the two governments signed protocols to the TIFA including substantial commitments in the areas of trade facilitation and public participation in trade and the environment. The TIFA contains an annex that establishes a work programme inviting the two governments to address issues such as bilateral trade and investment liberalization, intellectual property rights, regulatory issues, information and communication technologies and electronic commerce, trade facilitation, trade and technical capacity building, trade in services, government procurement and electronic commerce. cooperation in the field of sanitary and phytosanitary measures. The annex provides for ICT to add other issues to the programme of work. During the implementation of the TIFA, the two sides reaffirmed their commitment to expand economic opportunities between Uruguay and the United States, while coordinating their efforts to promote further trade liberalization by the World Trade Organization (WTO).

The United States has TIFAs with countries at different stages of development and trade and investment interests. ==The merchandise trade deficit with Taiwan was $15.2 billion in 2006, up $2.4 billion from $12.8 billion in 2005. U.S. exports of goods reached $23.0 billion in 2006, up 4.3 percent from the previous year. U.S. imports from Taiwan amounted to $38.2 billion, an increase of 9.7 percent. Taiwan has been the 11th largest export market for U.S. products since June 2015. U.S.

exports of private commercial services (excluding military and government) to Taiwan amounted to $6.4 billion in 2005 (latest available data) and U.S. imports amounted to $6.4 billion. Revenue from services in Taiwan from subsidiaries majority owned by the United States was $10.2 billion in 2004 (latest data available), while revenue from services in the United States by majority Taiwanese companies was $475 million. The stock of U.S. direct investment (FDI) in Taiwan was $13.4 billion in 2005. U.S. foreign direct investment in Taiwan is mainly concentrated in the financial, manufacturing, and wholesale sectors. The United States and Taiwan have continued to cooperate to improve economic cooperation through bilateral trade and investment framework agreements (TFAAs). Established in 1994, the TIFA is an important mechanism for both sides to resolve bilateral trade issues and address the concerns of the U.S. business community. The United States and Taiwan held a productive meeting at the fifth meeting of the TIFA Joint Council, held in Taipei from May 25 to 26, 2006, on issues related to agricultural trade, intellectual property rights, medicines, government procurement and investment, and other areas. WASHINGTON – Der US-Handelsbeauftragte Robert B.

Dit bericht is gepost in Geen categorie. Bookmark de link.