| FOR IMMEDIATE RELEASE |
CONTACT: Tita Freeman |
| March 1, 2006 |
(202) 496-3269 |
"The Language of Trade" is Designed to
Increase the Understanding of
World Trade and its Importance to Economic Growth
Washington, D.C. - Business Roundtable today released a valuable
new resource designed to provide clarity and up-to-date information
on the often complex world of international trade. The
Language of Trade is a simple-to-use reference publication
with basic information on international trade agreements and
trade terminology, as well as explanations of regional trade
alliances and the various negotiating and administrative agencies
that oversee and enforce trade policy.
The Language of Trade is being distributed to every
Member of Congress and will be available at www.trade.businessroundtable.com
in a searchable format for easy reference and download. The
new publication is the latest in a multi-year Business Roundtable
effort to promote deeper appreciation for the economic benefits
of liberalized U.S. trade and investment policies.
"The United States must continue to look to international
trade and investment agreements to expand markets and continue
to grow our economy," said Harold McGraw III, Chairman, President
and CEO, The McGraw-Hill Companies and Chairman of Business
Roundtable's International Trade & Investment Task Force.
"As business leaders who know firsthand the power of trade,
we hope this tool will become a valued reference for Congressional
staff and others as we move forward with an ambitious trade
agenda in 2006."
The Language of Trade includes three sections:
- Trade Liberalization Timeline - To help put the recent
history of global trade policy in context and illustrate
the enormous impact trade liberalization has had on worldwide
economic growth.
- Commonly Used Acronyms - Even the experts can get confused
with the plethora of organizations and acronyms that come
up in day-to-day discussion of international trade and
investment policy.
- Glossary of Terms - A handy reference guide that will
help make even the most complex document or discussion
understandable.
# # #
Business Roundtable (www.businessroundtable.org) is an
association of chief executive officers of leading corporations
with a combined workforce of more than 10 million employees
and $4 trillion in annual revenues. The chief executives are
committed to advocating public policies that foster vigorous
economic growth, a dynamic global economy, and a well-trained
and productive U.S. workforce essential for future competitiveness.
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