WASHINGTON – The
Bush Administration submitted to Congress on Friday the 2003 Trade Policy Agenda
and the 2002 Annual Report of the President of the United States on the Trade
Agreements Program. The report outlines the Administration's trade initiatives
for this year, and summarizes the accomplishments in 2002.
"Over the past
year President Bush and his Administration have restored America's leadership on
trade and are now pressing aggressively to secure the benefits of open markets
for American families, farmers, manufacturers, workers, consumers and
businesses," said U.S. Trade Representative Robert B. Zoellick. "Having
reestablished U.S. trade leadership around the globe, the President is now
working with Congress on an activist agenda to expand economic freedom at home
achievements in 2002 include:
• Renewal of the
Executive-Congressional partnership through Trade Promotion
• Submission of
far-reaching proposals to the World Trade Organization (WTO), including plans to
remove all tariffs on manufactured goods, open agriculture and services markets,
and address the special needs of poorer developing countries.
• U.S. leadership
in negotiations to create the largest free trade zone in the world – the Free
Trade Area of the Americas (FTAA).
• Completion of
free trade negotiations with Chile and Singapore.
• Initiation of
an ambitious series of free trade negotiations with the five countries of the
Southern African Customs Union; the five countries in the Central American
Common Market; Morocco; and, Australia.
• Renewal and
expansion of critical trade preference programs that provide developing
countries around the world with access to the U.S. market, promote economic
development and security, and bring increased choice and value to American
monitoring of China's and Taiwan's compliance with WTO obligations, a year after
their historic entry into membership in the 144-nation trade body.
The 2003 Trade
Policy Agenda and 2002 Annual Report is prepared according to the guidelines
established under the Trade Act of 1974, as amended. Copies of the report are
available on the USTR website (www.ustr.gov).