AeA Applauds House of Representatives for Passage of
U.S. – Oman Free Trade Agreement

Washington, DC (July 20, 2006) - AeA, the nation’s largest trade association with 2,500 member companies representing all segments of the high-tech industry, today applauded the United States House of Representatives for passing legislation implementing the United States – Oman Free Trade Agreement.

“This agreement eliminates duties on all industrial and consumer products, opens the Oman telecommunications market, improves intellectual property protection, streamlines customs procedures, and precludes customs duties on digital products delivered electronically,” said Rob Mulligan, Senior Vice President International, AeA. “All of these measures will benefit the high-tech industry. We are pleased that both the Senate and the House have now passed the implementing legislation.”

International trade is vitally important to the high-tech industry – on average, more than 60 percent of U.S. technology industry revenues are derived from outside the U.S. This trade agreement will open new opportunities and expand markets for high-tech products, and is essential to the continued growth and competitiveness of the United States’ high-tech industry.
 

- # # # -

About AeA
AeA, founded in 1943, is a nationwide trade association that represents all segments of the technology industry and is dedicated solely to helping our members’ top line and bottom line. We do this in partnership with our small, medium, and large member companies by lobbying governments at the state, federal, and international levels, providing access to capital and business opportunities, and offering select business services and networking programs. For more information, please visit http://www.aeanet.org.

This page was last updated on 07/20/06.