WASHINGTON-The collapse of global trade talks in Mexico could hurt exports of the wireless industry and other high-tech sectors in the United States.
The Telecommunications Industry Association, which represents telecom manufacturers, said today it was disappointed over the breakdown of World Trade Organization trade talks in Cancun, Mexico, Sunday.
“The mid-point ministerial meeting had the potential to yield significant benefits to all WTO members and to create new business opportunities for providers of information technology and communications goods and services, which play an integral role in promoting international economic and social development, job growth, education and productivity,” stated TIA “While no agreement was reached on issues of importance for TIA members-notably non-agricultural goods and services market access-TIA hopes that WTO members can bridge their differences and continue the critical work begun in Doha (Qatar).”
At the same time, TIA praised U.S. Trade Representative Ambassador Robert Zoellick and his negotiating team for pursing an aggressive trade agenda.
