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House Hearing Underscores Need for Action Agenda to Break Down IT Trade Barriers in Key Foreign Markets, Says BSA

“To continue growing and creating jobs that will contribute to economic recovery, American software companies need access to foreign markets,” said BSA President and CEO Robert Holleyman. “I commend Chairman Goodlatte, Ranking Member Watt, and Deputy Under Secretary Stanek Rea for drawing attention in today’s hearing to the unique types of trade barriers that IT firms increasingly face in emerging markets and for exploring policy solutions.”

“We are seeing a wave of protectionism sweep through the world’s most important emerging economies — and it is directed specifically at IT products and services,” Holleyman said. “Trading partners are locking out US and other competing IT firms by restricting government procurement, manipulating technology standards, and other means often tied to intellectual property interests. This is an urgent problem for the innovation-driven digital economy. Addressing it will require US officials to use every tool they have available, including bilateral, multilateral, and regional trade pressure.”

BSA recommends a specific action agenda in a new report on the wave of IT-focused trade barriers that is sweeping through key emerging markets. The report is available online at www.bsa.org/tradelockout. (PDF)

About BSA

The Business Software Alliance (www.bsa.org) is the leading global advocate for the software industry. It is an association of more than 70 world-class companies that invest billions of dollars annually to create software solutions that spark the economy and improve modern life. Through international government relations, intellectual property enforcement and educational activities, BSA expands the horizons of the digital world and builds trust and confidence in the new technologies driving it forward.

MEDIA CONTACT                                                                                                

Jordan Lubowitz, 202-326-1776    

[email protected]

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