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PESA International Trade Policy Subcommittee Outlines Full Agenda for 2017

The PESA International Trade Policy Subcommittee stays current on trade-related policies and regulations impacting the oilfield service and supply sector and recommends appropriate response on behalf of PESA membership. These responses include submitting written comments and meeting with elected officials and Administration representatives.

As the committee looks towards 2017 and the new Administration and Congress, it will be focused on identifying the priority issues and developing unified messages to promote the interests of the oilfield service, supply and manufacturing sector.

The committee plans to engage key personnel from Federal Agencies and educate them on policy issues impacting the sector. A broad list of key issues has been identified including:

  • sanctions
  • import classification
  • export reform
  • enforcement actions
  • international access
  • trade agreements
  • anti-corruption elements
  • anti-dumping provisions
  • currency manipulation
  • anti-boycott laws
  • reauthorization of the US Export-Import Bank

In addition, the committee plans to undertake a compliance benchmarking effort in order to promote risk mitigation across the sector.

In 2016, PESA entered into a partnership with the Department of Commerce’s International Trade Administration (ITA). As 2016 drew to a close, the Committee helped ITA in the development of an Oil and Gas Toolkit.  ITA joined the committee’s February 1, 2017, meeting to discuss projects and programs to collaborate on throughout 2017.

Companies involved in the International Trade Policy Subcommittee are Vallourec, Baker Hughes, Halliburton, Hoover Ferguson, Schlumberger, Weir Oil & Gas, National Oilwell Varco, Weatherford and TechnipFMC. If your company is interested in participating, please contact PESA Sr. Director Public Policy Jean Gould at jgould@pesa.org.

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