California World Trade Commission urges passage of GATT.SACRAMENTO, Calif.--(BUSINESS WIRE)--Nov. 30, 1994--The California World Trade Commission (WTC WTC World Trade Center, see there ) has sent a letter to the Congressional leadership and the California congressional delegation urging the members to vote for GATT See General Agreement on Tariffs and Trade. GATT See General Agreement on Tariffs and Trade (GATT). . The Commission voted unanimously last week to support the trade agreement. The letter is signed by Commission chairman, Bob Monagan. Governor Wilson announced his support for GATT in September, and on Nov. 20 signed a letter with nine other Republican Governors urging passage of the pact. In nearly every quarterly meeting since the Commission first undertook a study of the Uruguay Round
The World Trade Organization conducts negotiations through what are called rounds. in 1987, the Commission has voiced its support of the Agreement and the importance of opening foreign markets to California products. The World Trade Commission is an advisory body to the California Trade and Commerce Agency. A public-private partnership Public-private partnership (PPP) describes a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. These schemes are sometimes referred to as PPP or P3. , the Commission has developed programs and policies to increase jobs in the state by promoting international trade. The WTC was established in 1983, and is comprised of 15 members appointed by the Governor and the Legislature. A study of GATT by the California Trade and Commerce Agency estimated the Agreement will create 244,000 jobs in California during the next 10 years. -0- November 28, 1994 Dear Member of Congress: On behalf of the California State World Trade Commission, I am writing to advise you that we unanimously reaffirm our support for Congressional ratification this year of the Uruguay Round agreement of the General Agreement on Tariffs and Trade General Agreement on Tariffs and Trade (GATT), former specialized agency of the United Nations. It was established in 1948 as an interim measure pending the creation of the International Trade Organization. . Governor Wilson has announced that the agreement will support 244,000 new jobs in California over ten years, and he communicated this in a letter to the California congressional delegation on September 9. We also sent your office a report that documents GATT's impact on California. Job creation of this magnitude is critical for California's economic recovery, particularly to offset employment losses in defense-related production in the state. Already, we have seen 10 percent growth in our exports to Mexico following passage of the North American Free Trade Agreement North American Free Trade Agreement (NAFTA), accord establishing a free-trade zone in North America; it was signed in 1992 by Canada, Mexico, and the United States and took effect on Jan. 1, 1994. . Opening foreign markets creates jobs here at home, and GATT opens markets for U.S. products and services worldwide. Your expeditious ex·pe·di·tious adj. Acting or done with speed and efficiency. See Synonyms at fast1. ex vote for GATT this year will ensure the employment of a quarter million Californians. You must recognize, as well, that California recovery is critical to solidify the U.S. recovery and quicken the pace of U.S. economic growth. Fundamentally, your vote for GATT and the resulting World Trade Organization means that you will vote to keep the U.S. a leader in opening markets and improving our competitive position worldwide. The California State World Trade Commission supports the GATT and the World Trade Organization and we ask for your vote this week in favor of jobs through exports. Sincerely, Robert T. Monagan Robert Timothy Monagan, Jr. (born 1920) was a California politician, who was Speaker of the California State Assembly from 1969-1970. He served in the California State Assembly, representing the 12th district from 1960 until 1973. Chairman CONTACT: California Trade and Commerce Agency Bill George
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion