Wednesday, September 15, 2010

Government Spotlight: International Trade Administration

As part of the Department of Commerce, the International Trade Administration (ITA) promotes world trade and is the official U.S. government organization that coordinates all issues concerning trade development, international economic policy, and programs and trade administration. The ITA’s mission is to create prosperity by strengthening the competitiveness of U.S. industry, promoting trade and investment, and ensuring fair trade and compliance with trade laws and agreements. ITA ensures that U.S. industry’s commercial interests are represented in trade negotiations, bilateral and multilateral discussions, and the U.S. rulemaking process.

Unfair foreign pricing and government subsidies prevent the free flow of goods and adversely affect American business in the global marketplace. When that happens, the International Trade Administration can take enforcement actions. ITA’s Import Administration (IA) is the agency’s lead unit on enforcing trade laws and agreements to prevent unfairly traded imports and to safeguard jobs and the competitive strength of American industry.

The ITA provides information and services in some of the following areas.
· Antidumping
· Foreign Trade Zones
· General Export Assistance
· Steel Licensing

Click HERE to learn more about to topics covered by the ITA.

Check out the U.S. Export Fact Sheet containing an overview of various export statistics.

View Tradeology – the official ITA blog

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