Obama Administration’s Launch of NEI-Next Will Drive Export Growth, Support UPS Customers
Export Promotion Program, Focusing on Trade Facilitation, Supports Continued Business Expansion and Job Creation Efforts
UPS® (NYSE: UPS), a leading global logistics provider and advocate for global trade, applauds the launch of the next phase of the National Export Initiative (NEI), NEI/Next, by the Obama Administration today.
“NEI/Next and trade initiatives, such as the Trans-Atlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP), will streamline the flow of global commerce and open new markets to American businesses” said Scott Davis, UPS Chairman and CEO. “This is especially critical for UPS’s small- and medium-sized customers, many of whom are looking ’to go international.’”
“UPS partnered with the Administration to launch the original NEI in 2010, which helped American exports grow to an all-time high of $2.3 trillion in 2013. NEI/Next will continue to drive exports by aligning government initiatives and agencies toward a common goal of trade promotion and business growth.”
“As a member of the President’s Export Council, I commend NEI/Next’s focus on a number of PEC recommendations in key areas for America’s exporters. Never before has that focus been more essential - today, more than 95 percent of consumers and roughly three-quarters of global demand are located outside the United States. The NEI/Next platform includes sections on trade facilitation, border clearance reform, new free trade agreements, intergovernmental cooperation and infrastructure investment. Improvements in these areas over the coming years will support export growth and encourage American businesses to do more business.”
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
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