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About Trade and DevelopmentExport promotion and financing, as well as development assistance, make significant contributions to fostering international trade and investment. U.S. export credit agencies play an important role in promoting U.S. export growth, international financial stability and economic growth and development in developing countries.In addition, the United States maintains five preference programs providing duty-free access to many goods from developing countries that meet eligibility criteria defined by Congress. These programs, such as the Caribbean Basin Trade Partnership Act and the African Growth and Opportunity Act, spur economic growth and opportunity in the developing world to alleviate poverty and diversify developing-country economies. As developing countries prosper, they increasingly become better partners and customers.Further, trade liberalization, overall, has also proven to benefit economies around the globe. Since World War II, the liberalization of trade has produced a six-fold growth in the world economy and a tripling of per-capita income and enabled hundreds of millions of families to escape from poverty and enjoy higher living standards.ECAT supports continued funding for the organizations supporting international trade through financing exporters and assisting emerging markets, including the Export-Import Bank, Overseas Private Investment Corporation, U.S. Trade and Development Agency and Millennium Challenge Corporation. ECAT also supports the renewal and expansion of trade preference programs, particularly the Generalized System of Preferences (GSP) and Andean Trade Preferences Extension Act (ATPA) which expired this year.
Recent Publications
2011-6-7 Multi-Industry Letter re Multilateral Development Bank.pdf
2011-02-11 Multi-Industry Letter Supporting the United States Trade and Development Agency.pdf
ECAT Joins Business and Development Organizations in Urging Reform of U.S. Preference Programs.pdf
Business Community Letter on Extension of Haiti Trade Preferences.pdf
Other Resources
Office of the U.S. Trade Representative on Development
U.S. Trade and Development Agency
World Trade Organization on Development
900 17th Street, NWSuite 1150Washington, D.C. 20006T: (202) 659-5147 F: (202) 659-1347ecattrade_ecattrade.com