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NEMA Welcomes Progress, Urges Successful Conclusion of Trade Negotiations


09/12/2018 11:00AMSign-up to receive press releases.

ROSSLYN, Va.—National Electrical Manufacturers Association (NEMA) President and CEO Kevin J. Cosgriff welcomed the achievement announced by U.S. Trade Representative Robert Lighthizer regarding negotiations to modernize the North American Free Trade Agreement (NAFTA). He further urged the talks produce consensus of all three governments—Canada, Mexico, and the U.S.—on a state-of-the-art platform for North American electroindustry manufacturing and trade.

"The electrical and medical imaging industries are inextricably linked with Canada and Mexico in such a way that allows the United States to compete successfully against low-cost competitors elsewhere, including China and Asia more broadly. They are valued trading partners and essential cogs in NEMA Member companies' North American supply chains," said Cosgriff. "We urge the ongoing negotiations to conclude successfully and produce a genuine and modernized successor to NAFTA."

On August 31, President Trump notified Congress of his intent to enter into a new trade agreement with Mexico and with Canada, "if it is willing, in a timely manner, to meet the high standards for free, fair, and reciprocal trade contained therein." USTR Lighthizer described the preliminary agreement with Mexico, on which Canada continues to negotiate, as "the most advanced and high-standard trade agreement in the world" with "huge benefits for our workers, farmers, ranchers, and businesses."

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The National Electrical Manufacturers Association (NEMA) represents nearly 350 electrical equipment and medical imaging manufacturers that make safe, reliable, and efficient products and systems. Our combined industries account for 360,000 American jobs in more than 7,000 facilities covering every state. Our industry produces $106 billion shipments of electrical equipment and medical imaging technologies per year with $36 billion exports.

Press contact:
Tracy Cullen
703-841-3282
press@nema.org

 

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