Obama ITDS Executive Order Praised by UPS, Sen. Coons, AAEI
President Barack Obama's Feb. 19 executive order calling for the completion of the International Trade Data System (ITDS) by 2016 (see 14021928) continued to garner support. “This Executive Order will be beneficial to improving our supply chain efficiency and moving goods and services that cross our borders,” said Scott Davis, CEO of UPS, in a press release (here). “This change will be particularly meaningful to our small and medium-sized customers that depend on global trade to grow their businesses and reach the 95 percent of consumers that live outside U.S. borders.”
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Sen. Chris Coon, D-Del., also approved of the initiative, he said in a press release (here). “The efficient movement of goods is critical to a strong economy,” Coons said. “Duplicative paperwork and processing delays cost American businesses time and money and are particularly burdensome for small and medium-sized manufacturers. The ITDS will help small businesses navigate trade processes quickly and easily so they can focus their energies on effectively delivering American-made goods. This is exactly the sort of action we should be taking to cut red tape for American manufacturers and create the conditions necessary for growth."
The American Association of Exporters and Importers (AAEI) agreed on the order's importance. "We see ITDS as being just as important as [the Automated Commercial Environment] because companies run into delays and incur costs primarily due to other government agencies, not [CBP]," said AAEI CEO Marianne Rowden (here). AAEI plans to monitor work on ITDS to make sure the federal agencies meet the 2016 deadline, it said.