Facilitating free trade
IBM strongly supports the negotiation of free trade agreements, including bilateral, regional and multilateral agreements. Binding trade agreements backed by dispute settlement mechanisms help to establish business environments that are conducive to trade, investment and economic growth for all participating counties.
- The implementation of the three pending U.S. free trade agreements with South Korea, Colombia and Panama as soon as possible;
- The negotiation by the end of this year of a strong Trans-Pacific Partnership (TPP) agreement with Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam;
- Russia’s accession to the WTO.
IBM’s objectives in trade agreements include:
- Elimination of customs duties on IT products;
- Elimination of technical barriers to trade in IT products, including discriminatory standards;
- Improved regulatory transparency;
- Improved trade facilitation and customs procedures;
- Strong intellectual property protection;
- Access to government procurement markets;
- Strong services commitments in IT services, including both cross-border delivery and local establishment;
- Strong services commitments in our clients’ sectors, including financial services, distribution services, express delivery services and telecommunication services, among others; and
- Support for e-commerce, including nondiscrimination and zero customs duties for "digital products," including software.