WASHINGTON, DC, MAY 6, 2014 – In a submission to the Office of the U.S. Trade Representative, Global Automakers expressed support for an Environmental Goods Agreement (EGA) that the United States plans to negotiate with 13 other World Trade Organization (WTO) countries. An EGA would facilitate the expansion of trade in environmentally-sound technologies and products, and could include certain parts and components necessary for the production of advanced technology vehicles.
“Our members are producing some of the cleanest-running, most fuel efficient vehicles on the road today,” said John Bozzella president and CEO of Global Automakers. “The EGA supports their commitment to building new, environmentally friendly vehicles in the United States that will contribute to meeting our nation’s goal of reducing CO2 emissions and lessening the nation’s reliance on fossil fuels.”
The U.S. Trade Representative notified Congress of the Administration’s intent to negotiate an EGA through the WTO to eliminate tariffs on a wide range of environmental goods. Negotiations will build on a list of 54 goods, endorsed by Asian-Pacific Economic Cooperation leaders in 2012. Global Automakers supports the expansion of the list to include items such as fuel cells and batteries.
“The environmental goods agreement will strengthen the already robust investment our members have made to the U.S. economy and to the environment,” said Bozzella. “Increased production of advanced technology vehicles in the United States by international automakers represents a long term commitment that brings significant value to the nation, including the permanent transfer of skills, knowledge, and technology.”
The Association of Global Automakers represents international motor vehicle manufacturers, original equipment suppliers, and other automotive-related trade associations. We work with industry leaders, legislators, and regulators to create the kind of public policy that improves vehicle safety, encourages technological innovation, and protects our planet. Our goal is to foster a competitive environment in which more vehicles are designed and built to enhance Americans’ quality of life. For more information, visit www.globalautomakers.org.
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