The Obama Administration’s 2015 Trade Policy Agenda

03/12/2015

Last week the President released his 2015 Trade Agenda, highlighting the positive benefits of trade for the United States and outlining his overarching goals for the coming year. Top priorities for the Obama Administration this year are as follows: (1) promote U.S. interests and values through high standard, job-supporting trade; (2) enforce U.S. trade rights around the world; (3) enhance trade and investment relationships with partners worldwide; (4) fight poverty and foster global economic growth through trade and development; (5) and inform the public and develop balanced trade policy from diverse perspectives.

Beneath the heading of high-standard, job supporting trade, the administration also set for a more concrete list of their trade policy goals for the year. Chief among these goals is the successful conclusion of the Transpacific Partnership negotiations by the end of the year. The agenda also makes it clear that the U.S. hopes to see significant progress in the Transatlantic Trade and Investment Partnership (TTIP) negotiations in 2015.  USTR has also committed to working with Congress on a seamless and timely renewal of the African Growth and Opportunities Act (AGOA), which is set to expire in September. In addition to plurilateral projects, the U.S. administration hopes to see significant progress made on the ongoing WTO agenda. In particular, the U.S. will strive for further advancement of the Trade in Services Agreement (TiSA), the Environmental Goods Agreement (EGA) and the expansion of the Information Technology Agreement (ITA). Additionally, the U.S. will encourage other WTO members to take the necessary steps so that the entry-into-force of the Trade Facilitate Agreement (TFA) occurs by the 10th Ministerial Conference slated to take place in Kenya in December.