No actions available.
Full Text of this Amendment
At the end, add the following:
SEC. 16. SENSE OF CONGRESS ON BRAZIL AND THE INFORMATION TECHNOLOGY AGREEMENT OF THE WORLD TRADE ORGANIZATION.
(a) Findings.--Congress makes the following findings:
(1) Under the Ministerial Declaration on Trade in Information Technology Products of the World Trade Organization, agreed to at Singapore December 13, 1996 (in this section referred to as the "Information Technology Agreement"), 70 countries have eliminated their tariffs on information technology products. Those countries represent about 97 percent of the global trade of information technology products.
(2) The United States is a signatory to the Information Technology Agreement, as are other developed countries as well as developing countries.
(3) By liberalizing the trade of information technology products, the Information Technology Agreement improves global interconnectedness and promotes economic development in signatory countries, including developing countries.
(4) The list of signatories to the Information Technology Agreement does not include Brazil, a major trading partner of the United States.
(5) Brazil is one of the 10 largest economies in the world, is the fifth largest consumer market for information technology products in the world, and is the largest consumer market for such products in Latin America. Brazil ranks seventh in the world in the use of the Internet.
(6) Brazil is a major market for information technology products and it imposes tariffs on information technology products imported from the United States, but the United States imposes no tariffs on such products imported from Brazil.
(7) Morever, because the United States designates Brazil as a beneficiary developing country under the Generalized System of Preferences under title V of the Trade Act of 1974 (19 U.S.C. 2461 et seq.), over $2,000,000,000 in imports from Brazil entered the United States duty-free under the Generalized System of Preferences in 2010.
(8) It is reasonable for the United States to expect Brazil to provide tariff reciprocity and, at a minimum, to become a signatory to the Information Technology Agreement.
(b) Sense of Congress.--It is the sense of Congress that the President should make it a priority to urge Brazil to become a signatory to the Information Technology Agreement.
(c) Report.--Not later than the date that is 180 days after the date of the enactment of this Act and not later than the date that is 1 year after such date of enactment, the United States Trade Representative shall submit to the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives a report on the progress made in efforts to urge Brazil to become a signatory to the Information Technology Agreement.
(As printed in the Congressional Record for the Senate on Oct 4, 2011.)