Global Economy & Trade
Proactively responding to the demands of the worldwide marketplace remains at the core of SCOA’s business. A global perspective combined with local market knowledge enables our company to unite the needs of one economy with the advantages of another. As policy actions taken in the US and countries around the globe begin to restore economic and job growth in the wake of the global recession, an important part of the recovery will be the restoration of trade expansion. In fact, rapid trade growth may well act as a transmitter of economic stimulus around the globe and a vehicle of recovery, particularly if enhanced by additional efforts to reduce barriers and expand trading opportunities further. SCOA is thus committed to leveling the playing field for our business by lowering barriers to trade and investment. In the year ahead, we will continue to advocate a robust trade agenda on the part of the US administration and Congress. SCOA will also continue to discourage economic isolationism, including undue restrictions on investment, procurement, exports, sourcing, and human capital.
Trans-Pacific Strategic Economic Partnership Agreement
SCOA supports the creation of the Trans-Pacific Trade Partnership (TPP). The TPP's goal of creating a fair regulatory structure between countries on both sides of the Pacific Ocean is revoltionary and an ideal trade agreement for the 21st century. The TPP's focus on helping small to middle sized enterprises will help create jobs and encourage international trade. SCOA encourages Japan to continue TPP negotiations with the United States.
To comment, or if additional information is needed on a particular topic, please do not hesitate to contact the SCOA Washington office. We also encourage SC group company employees to download the latest Washington office publications on the global economy and trade, located in our online resource library at:
To request a log-in and password, please contact the Washington office at washingtonoffice.scoa (at) sumitomocorp.com.
October 20, 2014BOJ Downgrades View of One Regional Economy
Wall Street Journal
October 20, 2014Athlete buzz keeps event economy growing
St. George Daily Spectrum
October 20, 2014Russian PM to hold meeting of Foreign Investment Advisory Council
October 20, 2014Deutsche Bundesbank Says German Economy Slowed in Third-Quarter
Wall Street Journal
October 20, 2014U.S. economy again drives global growth as top rivals falter
October 19, 2014Modi State Election Wins Pave Way for India Overhaul: Economy
October 19, 2014Debt-laden 'zombie' firms threaten China's economy
October 19, 2014Hung parliament following the 2015 general election 'would hurt economy'
October 19, 2014Goldman Sachs Set to Shun UK Banking Standards Review Council
Wall Street Journal
October 18, 2014Government Holds Firm in Germany in Face of Weakening Economy
New York Times
September 14, 2012As Coal Production Declines, Coal Jobs May Not
September 06, 2012Bill Clinton Assertion That Dems Create More Jobs than Repubs: True?
September 04, 2012Obama releases energy platform; More of the same
August 30, 2012Tire Tariff Backdating May Bring Constitutional Battle
August 29, 2012Senate Finance Committee's Legislative Text Released on Tax Extenders Bill (Including Wind PTC)
August 27, 2012New York May Approve Fracking as Early As Sept 4
August 23, 2012DoE Release Study on Assessing Natural Gas Technologies
August 21, 2012Romney Has More Cash On Hand Than Obama
August 17, 2012Rep. Ryan Fiscal Hawk?
August 02, 2012Lawmakers Urge EPA to Reduce Ethanol Requirements
August 01, 2012Mitt Romney Does Not Support Wind Tax Credits
July 31, 2012Fed Will Likely Implement QE3 In September
June 26, 2012Supreme Court Bars Citizens United Reform
April 19, 2012EPA Announces New Fracking Regulations
April 12, 2012South Korean Governing Party Holds onto Power
April 10, 2012Rick Santorum Drops Out
April 05, 2012President Obama's 1996 Moment?
April 04, 2012Chesapeake Report: Utica Shale Shows Potential
April 03, 2012Mitt Romney Likely To Sweep Victory in Today's Primaries
March 26, 2012President Obama Urges China to Pressure North Korea
March 26, 2012DOE Delays Analysis of LNG Exports to US Economy
March 23, 2012Senate Passes Jobs Act, Moves to House
March 23, 2012Senate Passes Stock Act
March 21, 2012Big Day For Mitt Romney
March 19, 2012Stay Informed: House's JOBS Act
March 19, 2012Obama Calls for the End of Oil Subsidies
March 16, 2012EPA: Pa. fracking town's water show no health concern
March 13, 2012Natural Gas Act Amendment Fails to Pass