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January 27, 2010

No Shortage of Ambition
Posted by Heather Hurlburt

So you will have noticed that, even though people have been declaring the global trade agenda dead for a year or more now, there's two paragraphs on trade.  Why does this matter?  Groups such as Oxfam have argued that a Doha round that concluded favorably to poor-country agriculture -- and required changes to US and other developed-country agricultural subsidy practices -- would do more to reduce poverty than all the aid currently given.  You will also notice that the trade section lists the countries with which the US concluded bilateral Free Trade Agreements which Congress has declined to ratify for human rights, labor rights or domestic economic considerations -- but doesn't say "we will get the agreements ratified."  what that says to me is that the Administration is going to go looking for a new consensus on trade -- one that progressives and centrists were struggling toward in 2000, but that effort stopped pretty completely after the 2000 elections.

 Third, we need to export more of our goods.  Because the more products we make and sell to other countries, the more jobs we support right here in America.  So tonight, we set a new goal:  We will double our exports over the next five years, an increase that will support two million jobs in America.  To help meet this goal, we’re launching a National Export Initiative that will help farmers and small businesses increase their exports, and reform export controls consistent with national security. 

 We have to seek new markets aggressively, just as our competitors are. If America sits on the sidelines while other nations sign trade deals, we will lose the chance to create jobs on our shores. But realizing those benefits also means enforcing those agreements so our trading partners play by the rules. And that’s why we will continue to shape a Doha trade agreement that opens global markets, and why we will strengthen our trade relations in Asia and with key partners like South Korea, Panama, and Colombia.

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In saying that the administration "is going to go looking for a new consensus on trade," are you predicting that the admin. will jettison the pending FTAs w/Panama, S. Korea and Colombia in favor of some new and different approach?

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