Will the agreement have a positive effect on U.S. exports and jobs?
Yes, although given the dynamism of the global market and the differing pace of liberalization around the world, it is difficult to come up with precise figures. It is clear that, as a result of this agreement, many foreign firms will establish new telecommunications operations or make investments in the United States to further the growth of existing companies. This will lead to new jobs in this country. The agreement is expected to give a major boost to U.S. manufacturers of telecommunications equipment, as new telecom networks are established in many countries. This, in turn, will stimulate the manufacture and export of related information technology products. • What is the position of U.S. industry? Leading U.S. telecom companies have long supported a multilateral agreement that would open up foreign markets in telecommunications services. Their question was whether such an agreement could be achieved. Our industry played an important role in identifying market access problems in k
