Thursday, April 26, 2018

Obama creates Export Promotion Cabinet to drive export initiative


Thursday, March 11, 2010
President Barck Obama said in his State of the Union message that he wants to see the U.S. double the value of exports in the next five years.
President Barck Obama said in his State of the Union message that he wants to see the U.S. double the value of exports in the next five years.

WASHINGTON — President Barack Obama today created an Export Promotion Cabinet to develop and coordinate the implementation of the National Export Initiative (NEI), which Obama called an administration initiative to improve conditions that directly affect the private sector’s ability to transport.

“Creating jobs in the U.S. and ensuring a return to sustainable economic growth is the top priority for my administration,” Obama said in announced the export cabinet. “A critical component of stimulating economic growth in the U.S. is ensuring that U.S. businesses can actively participate in international markets by increasing their exports of goods, services, and agricultural products. Improved export performance will, in turn, create good high-paying jobs.”

Obama said in his State of the Union message that he wants to see the U.S. double the value of exports in the next five years.

The administration is currently under fire from numerous sources to come up with a new cross border trucking program as part of NAFTA.

In the wake of Congress killing the cross border pilot program one year ago, Mexico slapped tariffs on U.S. exports to Mexico that several groups, including the U.S. Chamber of Commerce and numerous agricultural interests, say are cost U.S. jobs.

Even the Mexico government wants to resume the program.

CNN reported this week that Mexico asked the United States to move forward with creating a proposal to end the ban on cross-border trucking.

"We continue searching for any opportunity for dialogue and interaction with the (Obama) administration and Congress," The Mexican Embassy said in a statement Tuesday, according to Mexico's official Notimex news agency. "We urge them to present a specific proposal to resolve the trucking impasse."

Secretary of Transportation Ray LaHood said last week the administration was “very near” revealing a new program.

LaHood was not named a member of the export cabinet.

Obama said the export cabinet would consist of the Secretary of State, the Secretary of the Treasury, the Secretary of Agriculture, the Secretary of Commerce, the Secretary of Labor, the Director of the Office of Management and Budget, the United States Trade Representative, the Assistant to the President for Economic Policy, the National Security Advisor, the Chair of the Council of Economic Advisers, the President of the Export-Import Bank of the United States, the Administrator of the Small Business Administration, the President of the Overseas Private Investment Corporation, the Director of the United States Trade and Development Agency and

the heads of other executive branch departments, agencies and offices as the President may from time to time designate.

The Trucker staff can be reached to comment on this article at editor@thetrucker.com.

 

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