The National Electrical Manufacturers Association (NEMA) - despite some reservations - would like to see the FTA come into effect: NEMA Applauds Signing of U.S. Free Trade Agreements with Panama and South Korea (news release, June 28):
While the U.S. electrical equipment industry still has concerns relating to South Korea's non-tariff barriers and intellectual property protection, the overall FTA package would improve conditions for selling there by featuring the elimination-most of it immediate-of remaining tariffs on goods in NEMA's product scope. This will both open the door for increased NEMA member exports, and also provide the South Koreans with even better access to top-quality electrical equipment as they strive to take their country's economic miracle to a higher level.
Who are these people:
...its approximately 450 member companies manufacture products used in the generation, transmission and distribution, control, and end-use of electricity. These products are used in utility, medical imaging, industrial, commercial, institutional, and residential applications.
Comments