Friday, July 23, 2010

ITC Issues Year in Trade Report for 2009

(International Trade Commission)

The International Trade Commission released July 21 The Year in Trade 2009, its annual review of U.S. trade-related activities. This publication reviews the administration of U.S. trade laws and regulations, the operation of the World Trade Organization, U.S. free trade agreements and negotiations, and relations with major trading partners. It includes:

• complete listings of antidumping, countervailing, safeguard, intellectual property rights infringement and section 301 investigations undertaken in 2009;

• the operation of trade preference programs such as the Generalized System of Preferences, the African Growth and Opportunity Act, the Andean Trade Preference Act and the Caribbean Basin Economic Recovery Act;

• significant activities in the WTO, including its dispute settlement mechanism, the Organization for Economic Cooperation and Development, and the Asia-Pacific Economic Cooperation Forum;

• negotiation of the Anti-Counterfeiting Trade Agreement;

• developments in bilateral and regional FTAs, including activities under the North American Free Trade Agreement and negotiations to join the Trans-Pacific Partnership Agreement;

• trade relations with major trading partners such as the European Union, Canada, China, Mexico, Japan, Korea, Taiwan, Brazil and India; and

• an overview of U.S. trade in goods and services during 2009, with statistical tables highlighting bilateral trade with major trading partners and trade under U.S. trade preference programs.