Friday, June 12, 2015

"a 'gold standard' agreement to protect technology companies"

Silicon Valley Heavyweights Make Last-Minute Push For Obama’s Trade Deal

By David Nakamura, Jun. 10, 2015, Washington Post

More than two dozen Silicon Valley chief executives are making a last-minute call on Congress to grant President Obama expanded authority on trade, calling the deal a "gold standard" agreement to protect technology companies and their workers.

In a letter to be sent to House members Thursday, 27 executives from companies including AT&T, IBM, Microsoft, Hewlett-Packard, eBay, Cisco, Intel and Xerox will add their voices to the intense debate over Obama's trade initiative.

"At a time when American businesses and economic activity continues to rapidly migrate to the Internet," the letter states, according to a copy obtained by The Washington Post, "many of our trading partners have established digital trade barriers that constrain the ability of U.S. companies to effectively and efficiently export digital products and services. If left unchecked, these barriers will cause significant damage to American technological leadership and impact the growth of the innovation economy."



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