This strategy is a blueprint for competitiveness that will unleash the economy and manufacturing’s outsized multiplier effect. Importantly, manufacturers’ aspirations—the four goals laid out in the pages that follow—are ones that all Americans who want to maintain our country’s economic advantage can rally around.
NAM Joins U.S. Business Organizations Urging President Obama to Address India’s Harmful Trade Practices with Prime Minister Singh
Washington, D.C., 09/26/13 - Today, the National Association of Manufacturers (NAM) joined 17 other business organizations on a letter urging President Obama to address India’s discriminatory trade barriers, which are harming U.S. manufacturers, during his upcoming meeting with India’s Prime Minister Manmohan Singh on Friday.
“India’s recent use of discriminatory trade policies to put American businesses at a disadvantage is not only jeopardizing American jobs, but hindering India’s ability to grow its own economy,” said Linda Dempsey, the NAM’s vice president of international economic affairs. “These concerns are shared across all major U.S. industries and by Congress, governors and the Administration. It is time for the President to work with Prime Minister Singh to take action to reestablish our valuable trade relationship.”
In the letter, the organizations call attention to India’s harmful trade policies, including a failure to protect intellectual property rights, forced local production of certain information technology and clean energy equipment, and revocations of patents and compulsory licenses for innovative medicines. These unfair policies are designed to benefit a few Indian corporations at the expense of manufacturing and jobs in the United States and other countries around the world.
The organizations’ letter follows a widespread call to action this week. A bipartisan group of governors highlighted the impact India’s unfair trade practices have on jobs in their states in a letter to President Obama. Additionally, more than 170 representatives and 40 senators expressed concern with a trade environment in India that puts American jobs and industries at risk in letters to the Administration earlier this year.
In addition to the NAM, business organizations signing the letter are: the American Business Conference, the American Foundry Society, the Association of Equipment Manufacturers, the Biotechnology Industry Organization, the California Manufacturers & Technology Association, CropLife America, the Emergency Committee for American Trade, the Association of the Nonwoven Fabrics Industry, the Information Technology Industry Council, the Motion Picture Association of America, the National Electrical Manufacturers Association, the National Foreign Trade Council, the Pharmaceutical Research and Manufacturers of America, the Recording Industry Association of America, the Solar Energy Industries Association, the Telecommunications Industry Association and the U.S. Chamber of Commerce.