April 16, 2015

WASHINGTON — The Information Technology Industry Council (ITI), the global voice for the technology sector's leading companies, issued the following statement from President and CEO Dean Garfield applauding the introduction of the bipartisan, bicameral legislation introduced by Sens. Orrin Hatch (R-Utah) and Ron Wyden (D-Ore.); and Rep. Paul Ryan (R-Wis.), to reauthorize the U.S. trade promotion authority (TPA):

“Tech's message to Congress is simple: supporting TPA will promote job creation and propel us forward in building a strong 21st century economy.  Contrary to the same, recycled talking points being used to scare people, trade promotion authority is actually about growing the economy and putting more Americans to work. With 95 percent of customers living outside of the U.S., new markets must be opened so that businesses can reach new customers.

“Start-ups and tech companies are a prime example for the potential for growth. Some tech companies that are now household names didn’t even exist the last time TPA was passed by Congress in 2002.  But the technologies that we take for granted today were the advances developed by our companies that have helped fuel American prosperity through global trade. In fact, all 50 states, and every one of the 435 congressional districts, export technology hardware, software, and services – and all of them would feel the job creating benefits from TPA.  

“A modern, pro-innovation TPA that reflects today’s digital economy, addresses emerging digital trade issues, and unleashes this potential for growth is a top priority for the tech sector and America. We applaud Sens. Hatch and Wyden, and Rep. Ryan, for introducing legislation that can open new markets, and recognizes the importance of technology and the Internet to U.S. innovation, job creation, and economic growth. We urge Congress to swiftly pass this bill with strong bipartisan support.”  

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Public Policy Tags: Trade & Investment