The United States praised the revision stating it will provide new opportunities for U.S. goods and services suppliers to secure government procurement contracts in numerous additional markets in WTO member economies.
“Government procurement represents one of the most rapidly expanding areas of opportunity for traders of goods and services,” said U.S. Trade Representative Ron Kirk in a statement.
“After more than 10 years of negotiations, this revision demonstrates the WTO’s ability, through persistence, hard work, and a spirit of collaboration, to reach agreements that strengthen and clarify rules, and expand opportunities through market access,” Kirk added. “We look forward to this accomplishment providing momentum to other aspects of the WTO’s negotiating function.”
Currently, 42 WTO members are covered by the GPA. Kirk also noted that the revised agreement will provide a strong foundation for other WTO members to join the GPA – providing even more market access – and indicate that the United States is ready to encourage new accessions.
Kirk particularly called on China to accelerate its accession to the GPA. China began its negotiations to join the GPA four years ago.
“Since that time, China has submitted three offers, each an improvement over the last,” he said. “But China still has some distance to go before the procurement that it is offering is comparable to the extensive procurement that the United States and other parties cover under the GPA. For example, we are urging China to cover state-owned enterprises, add more sub-central entities and services, reduce its thresholds for the size of covered contracts, and remove other broad exclusions.”
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now