Page 12 - SCBJ-201603
P. 12
South China Business Journal

HIGHLIGHT U.S. Chamber of Commerce Executive Vice President for be achieved. It is my view that we can’t allow multilateral
Government Affairs Bruce Josten issued a statement, noting cooperation to suffer, especially at a time when the world needs
the bill “will enable U.S. businesses to be more competitive our contribution to help improve people’s lives and prospects
globally by unleashing the potential for small and medium sized around the world - particularly for the poorest.” On the same
businesses to access foreign markets. Removing unnecessary day, the WTO General Council noted the consensus on a slate
chokepoints to imports and exports, this bill calls for common of names of chairpersons for WTO bodies, including Mr. Harald
sense steps that will improve our nation’s national security Neple of Norway as the new Chair of the General Council.
while better facilitating legitimate trade.”
Building on the WTO’s recent successes in expanding the
8 Obama Signs Judicial Redress Act Information Technology Agreement and concluding the Trade
Into Law Facilitation Agreement, the Chamber will continue to push for
progress in Geneva in the year ahead, including ongoing efforts
On February 24, President Obama signed the “Judicial Redress relating to the Trade in Services Agreement and Environmental
Act” into law. The Act is viewed by European authorities Goods Agreement negotiations. To that end, the Chamber is
in particular as helpful in enhancing trust in the recently organizing a business delegation to Geneva in April to push
concluded U.S.-EU Privacy Shield agreement, the successor those efforts. If you are interested in participating or learning
to the invalidated Safe Harbor pact on transatlantic data more, please contact Executive Director for International Policy
transfers. As the Chamber and fifteen other associations write Christopher Wenk (cwenk@uschamber.com).
in a December 9 letter to the Senate Judiciary Committee:
“The European Commission and other EU stakeholders have 10 WTO Rules Against India’s Forced
ascribed a great deal of importance to the Judicial Redress Act Localization Policies
in the Safe Harbor renegotiation process and it is now safe to
say that passage of the measure is a critical precondition” to the This week, a World Trade Organization (WTO) dispute
continued viability of the existing mechanisms allowing data settlement panel ruled in favor of the United States in its
transfers while ensuring data protection. challenge of India’s localization rules “discriminating against
imported solar cells and modules under India’s National Solar
9 Azevêdo Urges Dialogue on WTO’s Mission.” Originally initiated in February 2013, the panel
Future concurred with the United States that India’s current domestic
requirements discriminate against U.S. manufacturers by
In remarks before the World Trade Organization’s (WTO) requiring them to use India-made cells and modules and violate
General Council, Director-General Roberto Azevêdo urged obligations India has undertaken in the WTO agreements.
WTO members to “deepen their dialogue” about how to The U.S. Chamber’s Executive Vice President and Head of
advance the work of the WTO and to build on the success International Myron Brilliant stated in response to the ruling:
of the Ministerial Conference in Nairobi. He said: “There is
no consensus about how to address the Doha Development “The U.S. business community applauds the ruling that India’s
Agenda. Nonetheless, in Nairobi, all members gave a strong discriminatory ‘localization’ requirements violate WTO rules.
commitment to advancing negotiations on the remaining Doha Given how domestic content and forced localization measures
issues. It is important to underline this point, even though have spread worldwide in recent years, we hope governments
members do not currently have a shared view on how it should worldwide will pay close attention to this ruling and comply
with the obligations they’ve assumed in the global rules-based
trading system.

10
   7   8   9   10   11   12   13   14   15   16   17