International trade (41 - 50 of 460 items)
Export-Import Bank: Reaching New Targets for Environmentally Beneficial Exports Presents Major Challenges for Bank
GAO-10-682: Published: Jul 14, 2010. Publicly Released: Jul 14, 2010.
The Export-Import Bank (Ex-Im) provides financing to support U.S. exports, and its support for environmentally beneficial exports has been of long-standing congressional interest. In fiscal year 2008, Congress directed Ex-Im to allocate 10 percent of its annual financing to renewable energy and environmentally beneficial products and services. For fiscal years 2009 and 2010, it directed Ex-Im to a...
Export Controls: Observations on Selected Countries' Systems and Proposed Treaties
GAO-10-557: Published: May 27, 2010. Publicly Released: Jun 28, 2010.
The U.S. government annually controls billions of dollars worth of U.S. arms and dual-use items exported to its allies and partners through a system of laws, regulations, and processes. Weaknesses in this system led GAO in 2007 to include export controls as part of a high-risk area and called for a reexamination, including evaluating alternative approaches. Increasing international collaboration o...
Former Federal Trade Officials: Laws on Post-Employment Activities, Foreign Representation, and Lobbying
GAO-10-766: Published: Jun 23, 2010. Publicly Released: Jun 23, 2010.
Congress has enacted laws to safeguard against former federal employees, including former trade officials, from using their access to influence government officials. These former officials' post-employment activities are restricted by a federal conflict of interest law, known as the "Revolving Door" law. Two other laws--the Foreign Agents Registration Act (FARA) and the Lobbying Disclosure Act (LD...
International Trade: Exporters' Use of the Earned Import Allowance Program for Haiti Is Negligible because They Favor Other Trade Provisions
GAO-10-654: Published: Jun 16, 2010. Publicly Released: Jun 16, 2010.
In 2006, Congress passed the Haitian Hemispheric Opportunity through Partnership Encouragement Act (HOPE), giving preferential access to U.S. imports of Haitian apparel. In 2008, Congress amended HOPE (now HOPE II), expanding existing trade preference provisions and creating new ones, including the Earned Import Allowance Program (EIAP). Under the EIAP, for every 3-square- meter equivalents (SME)...
Iran Sanctions: Complete and Timely Licensing Data Needed to Strengthen Enforcement of Export Restrictions
GAO-10-375: Published: Mar 4, 2010. Publicly Released: Mar 4, 2010.
In 1995, the United States banned exports to Iran of most U.S. goods without a Treasury Department license. In 2008, the U.S. media, citing U.S. government statistics, reported that U.S. firms were exporting numerous goods to Iran. The statistics are maintained by the Census Bureau and are based on data filed by exporters or their agents. The United States has also generally banned unlicensed tran...
International Trade: Observations on U.S. and Foreign Countries' Export Promotion Activities
GAO-10-310T: Published: Dec 9, 2009. Publicly Released: Dec 9, 2009.
As Congress considers policies to bolster the recovery of the U.S. economy, it must consider the full range of tools available to stimulate growth and create new jobs, including promoting exports. According to the Department of Commerce, U.S. exports of manufactured goods totaled $1.8 trillion in 2008--accounting for approximately 13 percent of the U.S. Gross Domestic Product. GAO's testimony addr...
International Trade: Options for Congressional Consideration to Improve U.S. Trade Preference Programs
GAO-10-262T: Published: Nov 17, 2009. Publicly Released: Nov 17, 2009.
U.S. trade preference programs promote economic development in poorer nations by providing duty-free export opportunities in the United States. The Generalized System of Preferences, Caribbean Basin Initiative, Andean Trade Preference Act, and African Growth and Opportunity Act unilaterally reduce U.S. tariffs for many products from over 130 countries. However, two of these programs expire partial...
International Trade: U.S. Agencies Have Taken Some Steps, but Serious Impediments Remain to Restricting Trade in Burmese Rubies and Jadeite
GAO-09-987: Published: Sep 30, 2009. Publicly Released: Sep 30, 2009.
Congress passed the Tom Lantos Block Burmese JADE Act in 2008 prohibiting the import of Burmese-origin jadeite, rubies, and related jewelry and calling for certain international actions. The act also requires GAO to assess the effectiveness of the implementation of this section of the act. This report assesses (1) key characteristics of the trade of Burmese-origin jadeite and rubies; (2) progress...
U.S.-Africa Trade: Options for Congressional Consideration to Improve Textile and Apparel Sector Competitiveness under the African Growth and Opportunity Act
GAO-09-916: Published: Aug 12, 2009. Publicly Released: Aug 12, 2009.
According to U.S. government officials, sub-Saharan Africa's (SSA) textile and apparel industry has not achieved the growth anticipated under the African Growth and Opportunity Act (AGOA). Despite the tariff reductions under AGOA, after an initial surge, U.S. imports of these products from beneficiary countries have declined in recent years (see figure). In view of this outcome, the 2008 Andean Tr...
International Trade: Four Free Trade Agreements GAO Reviewed Have Resulted in Commercial Benefits, but Challenges on Labor and Environment Remain
GAO-09-439: Published: Jul 10, 2009. Publicly Released: Aug 10, 2009.
Since 2001, Congress has approved free trade agreements (FTA) with 14 countries. Most were negotiated under Trade Promotion Authority (TPA), which aims to lower trade barriers while strengthening the capacity of trading partners to promote respect for workers' rights and to protect the environment. The Office of the United States Trade Representative (USTR) is responsible for overseeing implementa...