2011 Export Strategy Report Focuses on Infrastructure, Trade Barriers
The Trade Promotion Coordinating Committee (TPCC)1, an interagency body comprised of 20 Federal agencies, has released its 2011 National Export Strategy report. The 2011 report focuses on methods of implementing 70 recommendations made in a September 2010 report to President Obama on the National Export Initiative (NEI).
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(Starting with this report, the annual National Export Strategy will fill the essential role of tracking and measuring the Federal Government’s progress in implementing the NEI. Each year, the TPCC will also assess new opportunities and seek new ways for the TPCC agencies to improve coordination and increase their effectiveness.)
Reports Recommends Four Focus Areas for Federal Agencies
The report identifies several areas of focus for Federal agencies in their export-promotion efforts, including:
Better collaboration. Improved collaboration with states, metropolitan areas, and border communities.
Improve infrastructure. Support exports in high-growth sectors, partly through improving the U.S. supply-chain infrastructure.
Better data. Better data collection and measurement of exporting by the services sector.
Remove trade barriers. Removal of barriers to trade, including the resolution and passage of pending free trade agreements with Colombia, Panama, and South Korea.
Report Examines NEI Progress Made to Date, Etc.
Other sections of the report examine the progress that is being made by Federal agencies in addressing eight priorities identified in Executive Order 135342, which launched the NEI, and metrics for analyzing the success of export promotion strategies. Two appendices offer a detailed matrix of the status of the 2010 NEI recommendations and a report on export promotion activities by state. In 2010, TPCC agencies focused on making progress to implement the NEI Recommendations and on creating metrics to measure that progress. 31 of the 70 recommendations were implemented in 2010.
1The TPCC was established by the Export Enhancement Act of 1992 to coordinate the export promotion and financing programs of the U.S. government, as well as to develop a comprehensive plan for implementing government-wide strategic priorities.
2The priorities are: exports by small and medium-sized enterprises, federal export assistance, trade missions, commercial advocacy, increasing export credit, macroeconomic rebalancing, reducing barriers to trade, and export promotion of services.
(See ITT’s Online Archives or 09/20/10 news, 10092023, for BP summary of the Export Promotion Cabinet submitting its report to the President and making recommendations for reaching the goal of the NEI.)