New WTO Agreement Opens U.S. Contractors to New International Business

The World Trade Organization on Thursday reached an agreement on a revised government procurement agreement covering the U.S. and 41 other countries.

According to a summary from the U.S. Trade Representative, the revised agreement gives U.S. suppliers access to 150 central government entities in several European Union countries, Israel, Hong Kong, Korea, Switzerland,  Aruba and Liechtenstein.

The agreement also adds 50 categories of services in Aruba, Hong Kong, Israel, Japan, Korea, Singapore, and Switzerland, including complete coverage of the telecommunications sector in several countries, the USTR said.

“With the revision of the WTO government procurement agreement, suppliers in the United States will have the opportunity to support more American jobs with broader, deeper access to government procurement work in many of our partner economies, ” U.S. Trade Representative Ron Kirk said in a statement.

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