16th District Congressman Don Manzullo has issued the following press release with suggestions of how small and medium-sized businesses could export more:
Plan to Help Small Employers
Export More Products Overseas, Create American Jobs
[WASHINGTON] Congressman Don Manzullo (R-IL) today testified before the U.S. International Trade Commission (ITC) and shared his plan to help increase small business exports and put Americans back to work.
Manzullo, Chairman of the House Small Business Committee from 2001-2007, spoke this morning during an ITC hearing entitled,
“Small and Medium-Sized Enterprises: U.S. and EU Export Activities, and Barriers and Opportunities Experienced by U.S. Firms.”
During his testimony, Manzullo offered four action items Congress and the Administration can take to help small employers sell more of their products overseas. They include:
- Make American products more cost competitive by requiring foreign governments – especially China – to stop misaligning their currencies to the benefit of foreign manufacturers.
- Support aggressive export promotion programs that help small and medium enterprises identify exporting opportunities overseas and secure trade financing.
- Pursue export control reforms consistent with national security objectives.
- Negotiate trade facilitation agreements that eliminate tariffs and trade barriers.
Manzullo has continually encouraged his constituent small business owners to consider exporting as a way to expand business and create jobs. Manzullo has hosted exporting workshops for small employers in northern Illinois and maintains a close relationship with the U.S. Dept. of Commerce Export Assistance Center in Rockford, IL.
The Rockford region exported $739 million worth of goods for the first six months of 2008, more than the region exported in all of 1993.
Manzullo was pleased that President Obama during his State of the Union address announced his National Export Initiative to help farmers and small employers increase their exports. The goal is to double our nation’s exports over the next 5 years and create 2 million jobs, the President said. Manzullo said,
“More than 96 percent of the world’s consumers, controlling 70 percent of global purchasing power, live outside of the United States and offer significant growth opportunities for America’s small employers.
“I was encouraged by the President’s call to double our exports and create 2 million American jobs over the next 5 years, and I look forward to working with the Administration on this initiative. More than anything, Americans need jobs right now. And encouraging our small employers to export will certainly expand U.S. production and put more Americans back to work.”
To read Manzullo’s full testimony, click here.