The Bush Administration has delivered to Congress the 2008 Trade Policy Agenda and the 2007 Annual Report of the President of the United States on the Trade Agreements Program, according to a statement released by the U.S. Trade Representative Office on Tuesday.
The report highlights the Bush Administration's 2007 accomplishments of opening new markets, developing and implementing new policies, and enforcing U.S. trade agreements to "ensure trade is free and fair."
"President Bush's accomplishments of opening markets at every opportunity have advanced the pro-growth benefits of free and fair trade" said U.S. Trade Representative Susan C. Schwab.
"Through negotiations for reciprocal access bilaterally, regionally, and multilaterally -- and tough enforcement to ensure that our trading partners must keep their promises of open markets-- the past seven years have reaped record exports, job creation, growth, and productivity," she added.
Bilaterally, in 2008, the administration will build on the passage of the Peru Free Trade Agreement (FTA) by working with Congress to advance other pending FTAs with Colombia, Panama and South Korea, said the report.
Multilaterally, the United States continues to lead efforts towards concluding an ambitious Doha Development Round, according to the report.
"Concluding an ambitious Doha Round is President Bush's top trade negotiating priority and will generate economic growth through new trade flows in agriculture, industrial goods and services -- helping to lift millions of people in developing countries out of poverty," said the statement.
Source: Xinhua
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