Invite: Fri, 5/1 - Digital Trade Event w/Amb Holleyman, Rep. Kind

We are excited to invite you to join us on Friday, May 1st for "The Digital Economy and Trade: A 21st Century Leadership Imperative" - a timely speech by Deputy United States Trade Representative, Ambassador Robert Holleyman II. We are fortunate to have New Democrat Coalition Chair Rep. Ron Kind hosting us and making introductory remarks. 

From agriculture to banking to manufacturing to green energy, the digital economy is at the heart of America’s global competitiveness and prosperity. Whether you define digital trade narrowly, by the volume of products and services ordered over the internet, or broadly, by the volume of trade and commerce in which the internet and internet-based technologies play a significant role, digital trade is having a transformative impact on our economy. According to a recent report issued by the U.S. International Trade Commission (ITC), the combined effects of enhanced productivity and lower international trade costs in digitally intensive industries likely increased U.S. real gross domestic product (GDP) by somewhere between 500 and 700 billion dollars. However, the ITC’s analysis also suggests that foreign trade barriers are having significant negative effects on U.S. digital trade. Those barriers include localization requirements, market access limitations, data privacy and protection requirements, and restrictions on cross-border data flows.

Ambassador Holleyman will describe how President Obama’s high-standard, 21st Century trade agreements are designed to eliminate those barriers, as well as to ensure that the internet remains free and open for all legitimate trade. This event will now take place on May 1st at 10 am in Rayburn House Office Building room B-354. In order to attend, please rsvp by registering here. If you previously rsvp'd, please do so again to ensure that we have you down for the new date.

Be sure to read NDN’s statement of support of Trade Promotion Authority, and my own op-ed, “An Enduring Legacy: The Democratic Party and Free and Open Trade.”