|
NAFTA Steel Associations and ILAFA Agree: |
|
|
|
|
Written by LNC
|
|
Tuesday, 04 November 2008 |
|
November 3, 2008
Contact Information:
Nancy Gravatt, AISI (202/452-7115)
Tom Danjczek, SMA (202/296-1515)
Larry Lasoff, SSINA (202/342-8530)
Ron Watkins, CSPA (613/238-6049)
Octavio Rangel, CANACERO, (52-55) 5448-8160
Guillermo Moreno, ILAFA, (56-2) 233-0545
NAFTA Steel Associations and ILAFA Agree on Principles to Address Trade Aspects of Global Economic Crisis
Cancun, Mexico – Representatives of five major NAFTA steel associations – American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), Specialty Steel Industry of North America (SSINA), Canadian Steel Producers Association (CSPA) and Mexican Steel Producers Association (CANACERO) – met with representatives of the Latin American Iron and Steel Association (ILAFA) on October 24 to discuss trade and other policy issues of common concern.
Read more:
1. The steel producers of the Americas agreed that, given the worsening conditions in the world economy and steel industry, market forces and market-driven behavior are now more important than ever.
2. They expressed a shared concern that the severe deterioration in world steel market conditions poses a renewed and very serious threat of major steel trade distortions and of significant surges of both steel and steel-containing products to the Americas.
3. They urged all Western Hemisphere governments to remain vigilant and firmly committed to strong enforcement of national trade laws against non-market behavior by China and other offshore governments and producers.
4. They stressed that there is a big difference between “protectionism” and trade law enforcement to counter trade and market-distorting practices.
5. They reaffirmed their strong support for the principles of:
• Effective national trade laws to counter trade-distorting practices by governments and producers -- in particular, in non-market economies;
• Eliminating government subsidies to steel and steel-related industries;
• Private ownership of steel companies everywhere;
• WTO-rules-based trade in raw materials, steel and downstream goods; and
• Ending investment restrictions in steel and related industries.
Trackback(0)
 |
|
In the news
|
On the lighter side, these are some of the favorite headlines from the parody news website, The Onion, as chosen by Moyers and Winship.
$700 BILLION BAILOUT CELEBRATED WITH LAVISH $800 BILLION EXECUTIVE PARTY
GM COVERED WITH GIANT TARP UNTIL IT HAS MONEY TO WORK ON CARS AGAIN
AMERICAN AIRLINES NOW CHARGING FEES TO NON-PASSENGERS
CHINA RECALLS EVERYTHING
|
|
Read more...
|
|
TrackBack URI for this entry
Subscribe to this comment's feed