Leveling the Playing Field for US Small Business Exporters
by Dario Gomez, SBA Official
- Created: September 6, 2013, 3:25 pm
- Updated: September 6, 2013, 3:26 pm
For American small and medium enterprises (SMEs), the European Union is one of the most lucrative markets, with more than 94,000 American small businesses currently contributing to more than $630 billion in U.S. – E.U. trade.
Beginning September 9, the U.S. International Trade Commission (ITC) will bring together U.S. SME exporters around the country through a series of roundtables to help document trade barriers that disproportionately affect small business exporters in the EU. The information shared will be provided to U.S. trade negotiators to better understand the needs of small business exporters.
In July, the United States and the EU held the first round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations aimed at increasing jobs and economic growth. The transatlantic economic relationship is already the world’s largest, accounting for one third of total goods and services trade and nearly half of world GDP. Since small businesses are critical engines of exports and economic growth, U.S negotiators intend to conclude an agreement that recognizes the important role they play in the transatlantic relationship and most importantly one where they can take advantage of new trade opportunities.
The schedule for the roundtables is as follows:
|9/20||Salt Lake City|
In addition to participating in the roundtables, exporters will also be able to convey their concerns and suggestions through public hearings in San Jose, California on September 26 and Washington, D.C. October 8.
Business owners who are interested in having their voices heard but cannot attend the roundtables or public hearings can submit written statements by sending an email to firstname.lastname@example.org (by October 15, 2013) or by mail to EU-SME Project, U.S. International Trade Commission, 500 E Street, S.W., Washington, D.C. 20436 (no later than September 30, 2013).
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