International Engagement Committee
With 95 percent of the world’s consumers living outside the United States, our nation must be competitive in international markets if we are going to restore strong economic growth and create new jobs. Key to sustaining America’s international competitiveness, future growth and long-term prosperity is strong bipartisan leadership to open foreign markets and goods and services produced by American companies and workers.
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Committee Chair
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International trade and investment agreements are essential to expanding our economic growth and job creation. They open markets for American companies and workers, and create rules to ensure fair trade. Strong and quick enforcement of rules and laws is the key to ensuring that we capture the benefit of expanding trade and investment.
Business Roundtable’s recent activities and policy goals to create U.S. jobs by expanding international trade and investment include:
- Aggressively pursuing trade and investment agreements to keep us from falling farther behind our major foreign competitors as they expand their networks of trade agreements and international investment agreements. On October 12, 2011, Congress passed three U.S. trade agreements with South Korea, Colombia and Panama. Together, these agreements will support the creation of an estimated 250,000 U.S. jobs and increase U.S. exports by an estimated $13 billion. Learn more about the impact of trade agreements.
- Enforcing U.S. rights under international agreements to ensure that American companies, workers, farmers and consumers are treated fairly and obtain the maximum benefits from our trade and investment agreements.
- Developing new trade promotion/fast-track authority to keep pace with our foreign competitors’ aggressive negotiating strategy to open markets for their companies and workers.