The President Of The United States Signed The Trade Parcel Act &Nbsp; TPP Is The Next Target Of The United States.

In October 21st (2011), President Obama signed the 3 free trade agreements (FTA) with South Korea, Columbia and Panama, and updated the trade adjustment assistance program (TAA).

Contributing factors

In October 21st (2011), President Obama signed the 3 free trade agreements (FTA) with South Korea, Columbia and Panama, and updated the trade adjustment assistance program (TAA).

To provide assistance with adverse and negative effects on trade.

The trade adjustment assistance extension act 2011 extended the "universal concession system" (GSP) to July 31, 2013, and authorized the extension of the TAA plan to December 31, 2013, and the implementation cost reduction.

The 3 FTA negotiations took place during the presidency of President George Bush and the supplementary negotiations during President Barack Obama's presidency took many years. President Barack Obama formally submitted to Congress in October 3rd of this year.

The US Columbia FTA was completed in 2006, and the United States, South Korea and the United States - Panama FTA were signed in 2007.

The FTA executive bill was finally passed by the house of Representatives and the Senate in October 12th this year.

Supporters of FTA are seeking to revitalize the current economic downturn and reduce unemployment by nine percent.

Republicans, Democrats and government departments all say that the trade bill can create jobs.

After the signing ceremony in October 21st this year, the speaker of the house of representatives said that the 3 FTA was part of the Republican Party's proposed accounting plan for creating American jobs in May this year.

The agreement is also part of Obama's employment accounting machine, which includes a country's export incentive plan, which aims to double exports to the United States in 2015.

After the signing ceremony, Lael Brainard, Vice Minister of international trade, said that the growth of US exports last year would be 4 times faster than that of economic growth, accounting for sixty percent of the growth of GDP in the US.

Ron Kirk, the US trade representative, said that the approval of the 3 FTA approved and updated the 2009 TAA provisions to enter a balanced trade situation, opening up new markets for American exporters and providing new opportunities for us labor.

In addition to signing the 3 FTA and updating TAA, the US government is actively consulting on the p Pacific Partnership Agreement (TPP) and the next OECD leaders meeting held in Honolulu in November this year.

The US government joined the TPP talks in 2009.

Kirk hopes that the TPP framework agreement can be adopted by APEC at this year's Honolulu conference and will be completed within the next 12 months.

Kirk believes that the 3 important APEC agenda items include enhancing green growth, strengthening regional economic integration and expanding trade and promoting management cooperation and unification.

Kirk said that when Obama meets with APEC leaders in Honolulu, they will focus on solving the next generation's problems, such as APEC's most important agenda item, barriers to tariffs and non-tariff on environmental goods and services.

Kirk further illustrates that the United States is promoting voluntary commitments (currently in Australia and New Zealand). Economies can focus on certain topics and undertake 5% tariffs on tariffs on environmental goods or services, so that on this issue, trade will be promoted, costs will be reduced, and green growth will be promoted in an everlasting way.

Kirk pointed out that both the APEC Leadership Conference and the TPP negotiations agreed that the current barriers to trade included the disunity of the relevant laws and regulations other than tariffs.

TPP seeks to reflect these new facts and points out the need to address existing non trade barriers and potential obstacles to new technologies.

The trade adjustment assistance extension act 2011 extended the "universal concession system" (GSP) to July 31, 2013, and authorized the extension of the TAA plan to December 31, 2013, and implemented the cost reduction reform and extended some provisions of 2009 plan.

The 3 FTA negotiations took place during the presidency of President George Bush and the supplementary negotiations during President Barack Obama's presidency took many years. President Barack Obama formally submitted to Congress in October 3rd of this year.

The US Columbia FTA was completed in 2006, and the United States, South Korea and the United States - Panama FTA were signed in 2007.

The FTA executive bill was finally passed by the house of Representatives and the Senate in October 12th this year.

Supporters of FTA are seeking to revitalize the current economic downturn and reduce unemployment by nine percent.

Republicans, Democrats and government departments all say that the trade bill can create jobs.

After the signing ceremony in October 21st this year, the speaker of the house of representatives said that the 3 FTA was part of the Republican Party's proposed accounting plan for creating American jobs in May this year.

The agreement is also part of Obama's employment accounting machine, which includes a country's export incentive plan, which aims to double exports to the United States in 2015.

After the signing ceremony, Lael Brainard, Vice Minister of international trade, said that the growth of US exports last year would be 4 times faster than that of economic growth, accounting for sixty percent of the growth of GDP in the US.

Ron Kirk, the US trade representative, said that the approval of the 3 FTA approved and updated the 2009 TAA provisions to enter a balanced trade situation, opening up new markets for American exporters and providing new opportunities for us labor.

In addition to signing the 3 FTA and updating TAA, the US government is actively consulting on the p Pacific Partnership Agreement (TPP) and the next OECD leaders meeting held in Honolulu in November this year.

The US government joined the TPP talks in 2009.

Kirk hopes that the TPP framework agreement can be adopted by APEC at this year's Honolulu conference and will be completed within the next 12 months.

Kirk believes that the 3 important APEC agenda items include enhancing green growth, strengthening regional economic integration and expanding trade and promoting management cooperation and unification.

Kirk said that when Obama meets with APEC leaders in Honolulu, they will focus on solving the next generation's problems, such as APEC's most important agenda item, barriers to tariffs and non-tariff on environmental goods and services.

Kirk further illustrates that the United States is promoting voluntary commitments (currently in Australia and New Zealand). Economies can focus on certain topics and undertake 5% tariffs on tariffs on environmental goods or services, so that on this issue, trade will be promoted, costs will be reduced, and green growth will be promoted in an everlasting way.

Kirk pointed out that both the APEC Leadership Conference and the TPP negotiations agreed that the current barriers to trade included the disunity of the relevant laws and regulations other than tariffs.

TPP seeks to reflect these new facts and points out the need to address existing non trade barriers and potential obstacles to new technologies.