ITA Negotiators Again Ramp Up Pressure for Progress at APEC Summit
The upcoming Asia-Pacific Economic Cooperation summit in Beijing will make for another opportunity for the U.S. and China to make headway in Information Technology Agreement negotiations, said John Neuffer, an Information Technology Industry Council senior vice president and an advocate…
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for ITA expansion. Neuffer said in a Nov. 4 blog post that the two sides should narrow the gaps between negotiating positions following a recent groundswell of industry support for imminent expansion of the ITA, a pact that has not expanded its tariff liberalization since 1996 (see 14092912). ITA supporters, including Neuffer, have said a compromise between the U.S. and China could be on the horizon, but those negotiations have repeatedly collapsed (see 13112217). Both sides blame each other for the problems (see 13112727). Nonetheless, “as host to the APEC leaders’ meeting this year, ITA expansion is an opportunity for China to deliver a strong economic and trade outcome to the region. Thailand, Malaysia, Singapore, Taiwan, the Philippines, and others in the neighborhood are heavily reliant on tech trade and are big supporters of ITA expansion,” said Neuffer, saying ITA progress could invigorate multilateral negotiation progress at the World Trade Organization. “There are high expectations that China can seize this APEC moment to clear a path forward that will allow all the negotiating parties involved in ITA expansion to return to Geneva to conclude this landmark trade deal this year.” Many trade supporters are also targeting progress on a Trans-Pacific Partnership deal at APEC (see 1410300001).