
To learn more about the TISA please click here: Trade in Services Agreement (TISA)
CSI study by noted trade economist Edward Gresser, Director of the Progressive Economy Project at the Global Works Foundation entitled “Services Trade Liberalization as a Foundation of Global Recovery”, makes a powerful case that services trade reform can help strengthen the fragile rebound from the economic crisis, and long-term growth.
Executive Summary
Full copy: Services Trade Liberalization as a Foundation of Global Recovery by Ed Gresser
CSI hosted a Trade in Services Agreement (TISA) event on Capitol Hill, with honored guest Michael Punke, Deputy U.S. Trade Representative and U.S. Ambassador to the World Trade Organization. Individuals from the private sector also spoke on the importance of the TISA. Please click here to see pictures from the event.
To learn more about the TISA, please click here.
Peter Allgeier, President of CSI, testified to the Trade Policy Staff Committee on the United States' participation in the Trans-Atlantic Trade and Investment Partnership (TTIP) with the European Union. The United States and the European Union have an extremely strong commercial relationship. The TTIP will continue to enhance this relationship, promoting economic growth and job creation.
CSI releases statement on applauding the announcement by the United States to support Japan's entry into the Transpacific Parternship.
The Coalition of Service Industries Chairman, Samuel Di Piazza, Vice Chairman, Insitutional Clients Group, Citi and President, Peter Allgeier testified on the Obama Administration's intention to begin negotiations with 46 countries to establish a new International Services Agreement (ISA).
| Services Drive Growth |
The Service Economy
Services represents approximately 75% of US economic output and about 80% of US private sector employment. In 2010, US private services exports exceeded $526 billion, and had a services trade surplus of approximately $168 billion.
Services are essential inputs into the production of virtually all products. The price and quality of services influence costs and productivity in all other sectors in an economy, including manufacturing and agriculture. Thus, when liberalized and made more efficient, services have a strong effect in the competitiveness of an entire economy. For more data and statistics on the service economy, click here.
About CSI
CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives.
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