TIA Applauds the U.S. and Korean Governments for Resolving Final Issues in the U.S.-Korea Free Trade Agreement

Washington, D.C. – The Telecommunications Industry Association (TIA), the leader in advocacy, standards development, business development and intelligence for the information and communications technology (ICT) industry, commends President Obama and President Lee for reaching a final agreement of the U.S.-Korea Free Trade Agreement.
“The Republic of Korea holds tremendous opportunity for growth and this free trade agreement will benefit ICT manufacturers, suppliers and service providers of both countries by establishing greater market access, assuring a rules-based and predictable business climate and encouraging further bilateral investment,” remarked Grant Seiffert, TIA President. “This Agreement will also help create jobs and help accomplish President Obama’s goal of doubling exports within the next five years. TIA will work with the business community to support swift ratification of the FTA in the 112th Congress.”
The FTA builds upon the World Trade Organization’s (WTOs) Technical Barriers to Trade (TBT) provisions by promoting more transparency in the way governments develop and apply technical regulations, as well as testing and certification. This increased transparency will aid U.S. companies’ latest technological advancements to gain access to the Korean market.
About TIA
The Telecommunications Industry Association (TIA) represents the global information and communications technology (ICT) industry through standards development, advocacy, tradeshows, business opportunities, market intelligence and world-wide environmental regulatory analysis. Since 1924, TIA has been enhancing the business environment for broadband, mobile wireless, information technology, networks, cable, satellite and unified communications. Members’ products and services empower communications in every industry and market, including healthcare, education, security, public safety, transportation, government, the military, the environment and entertainment.
Article via TIA