National Foreign Trade Council

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National Foreign Trade Council (NFTC) - a US-based business lobby group for free trade and multinational corporations.

1 History of the NFTC
- 1.1 Current Staff
2 Activities of the NFTC
3 Subsidiary and Affiliated Organizations of the NFTC
- 3.1 See also
4 External links

[edit] History of the NFTC

The NFTC was established in 1914 by a resolution of the first National Foreign Trade Convention, calling for the creation of a permanent national organization "to coordinate the foreign trade activities of the nation". The first chairman of the organization was James A. Farrell, then president of U.S. Steel. A number of prominent U.S. businessman have been appointed to the board of the NFTC throughout its history, including Gerard Swope, Fred I. Kent, Robert Dollar, Michael H. Jordan and Robert M. Norris.

[edit] Current Staff

The current Chairman of the NFTC is Dinesh Paliwal[1], of the ABB Group, and the current President is William A. Reinsch, former Under-Secretary for Export Administration in the Clinton Administration.

[edit] Activities of the NFTC

The NFTC has been a prominent advocate for free trade throughout its history, and has opposed a number of protectionist policies and laws. This has caused the organization to take positions against proposed trade boycotts and embargos, including the Massachusetts-Burma law enacted in 1996 as a response to the dictatorship in Burma and the Cuban trade embargo. The NFTC has also supported the liberalization of immigration law and the exemption of profits earned abroad from taxation in the United States.