U.S. improves trade relations with Norway, Iceland and Liechtenstein
The Bush administration signed mutual recognition agreements with Norway, Iceland and Liechtenstein on Monday that improve trade in telecommunications equipment, electromagnetic devices, recreational craft, and marine equipment.
These new agreements are in line with existing U.S. mutual recognition agreements with the European Community.
“These new agreements will save U.S. manufacturers the time and expense of redundant product testing for these additional markets, while maintaining our high levels of health and safety protection,” said U.S. Trade Representative Rob Portman in a statement.
The mutual recognition agreements, which now cover 28 European Community countries, preserves the authority of the U.S. Coast Guard and Federal Communications Commission to determine the level of safety protection it considers appropriate, the USTR said.