Deal to reduce tariffs on environmental goods and services

Sponsored by

WASHINGTON, DC, Nov. 28, 2011 -- A deal reached during the recent Asia Pacific Economic Cooperation summit in Hawaii will reduce tariffs on environmental goods and services among the 21 Asia Pacific countries, including the United States and China.

The Water and Wastewater Equipment Manufacturers Association (WWEMA) applauded the agreement. "Coming on the back of the free trade agreements signed between the U.S. and Korea, Columbia and Panama, this announcement lent further support for the need to break down barriers to trade and allow companies that manufacture water and wastewater technologies to bring needed solutions to the environmental challenges facing the globe," stated WWEMA President Dawn Kristof Champney.

This commitment by all 21 APEC leaders will result in the elimination of local content requirements by 2012 and the reduction of applied tariff rates to 5 percent or less by 2015.

"We commend the work of the Obama Administration, particularly that of the Office of the U.S. Trade Representative, in helping shepherd this important agreement and turn the tide on what has been a wave of protectionist trade measures which stifle competition, increase costs, delay projects and destroy jobs at a time when we need to repair our infrastructure, reinvest in our workforce, and provide essential water supply and sanitation services to all," Champney noted.

Negotiators have up to one year to develop the list of environmental goods and services that will be covered by this agreement.

About WWEMA
Since 1908, WWEMA has informed, educated and provided leadership on the issues that shape the future of the water and wastewater industry. Its members supply the most sophisticated leading products and technology, offering solutions to every water-related environmental problem and need facing today's society.

###

Sponsored by

TODAY'S HEADLINES

Recipients of prestigious CG/LA 2014 Project of the Year Awards announced

CG/LA Infrastructure recently announced the recipients of its prestigious 2014 Projects of the Year Awards during the 6th North American Strategic Infrastructure Leadership Forum held in the nation's capital.

Major water distribution contract approved in city of San Antonio

Today in a unanimous vote, the San Antonio City Council approved a contract between the San Antonio Water System and Vista Ridge Consortium to bring 16.3 billion gallons of new non-Edwards Aquifer water to San Antonio annually for 30 years.

New Ontario, Chinese partnership to unlock market opportunities for energy, water innovation

The Advanced Energy Centre, Water Technology Acceleration Project and China Energy Conservation and Environmental Protection Group have announced an MOU signing to explore deployment opportunities for Ontario's advanced energy and water technologies in China.

VIDEO: Desalination global news round-up

Join WWi Chief Editor Tom Freyberg for a round-up of the latest desalination industry news from the last two weeks. Watch the video for the full stories…

FOLLOW US ON SOCIAL MEDIA