ARLINGTON, Va.--(Business Wire)--
The Consumer Electronics Association (CEA) ® applauds Representative Kendrick
Meek (D-FL) for his decision this week to withdraw support from the Michaud
Bill, which seeks an overhaul of existing trade agreements.
The measure by Rep. Michael Michaud (D-ME) would essentially renegotiate or
scrap several major trade agreements and be a severe blow to U.S. business,
entrepreneurs and job growth. "Moreover," adds Gary Shapiro, president and CEO
of CEA, "it would send a disastrous message to our trading partners and allies
around the globe." Rep. Meek has supported trade deals with Peru, Chile,
Singapore and Australia.
Current pending trade agreements in front of the U.S. Congress include deals
with Colombia, Panama and South Korea. The consumer electronics industry is
among the fastest growing sectors in the U.S. economy, creating tens of
thousands of U.S. jobs which are reliant on the ability to trade globally.
About CEA:
The Consumer Electronics Association (CEA) is the preeminent trade association
promoting growth in the $172 billion U.S. consumer electronics industry. More
than 2,000 companies enjoy the benefits of CEA membership, including legislative
advocacy, market research, technical training and education, industry promotion
and the fostering of business and strategic relationships. CEA also sponsors and
manages the International CES - Where Entertainment, Technology and Business
Converge. All profits from CES are reinvested into CEA`s industry services. Find
CEA online at www.CE.org.
UPCOMING EVENTS
* CES New York Press Preview featuring CES Unveiled @ NY
November 10, 2009, New York, NY
* Future of Television East
November 18-19, 2009, New York, NY
* 2010 International CES
January 7-10, 2010, Las Vegas, NV
* Greener Gadgets
February 25, 2010, New York, NY
Consumer Electronics Association (CEA)
Meghan Henning, 703-907-7654
mhenning@CE.org
www.CE.org
or
Laura Hubbard, 703-907-4326
lhubbard@CE.org
Copyright Business Wire 2009
