User-agent: Mediapartners-Google* Disallow: Trucks World News: TRUCKS MARKET * Colombia: USA legislators concerned about trade practices
Google
 
Loading

Jun 20, 2015

TRUCKS MARKET * Colombia: USA legislators concerned about trade practices

* DC - Senators say trade violations may hurt truck makers

-- Ohio’s U.S. senators, along with legislators from five other states, are expressing concern over Colombian trade practices that could be hurting commercial truck manufacturers like Kenworth Truck Co. ... They're sending a letter to U.S. Trade Representative. Michael Froman. encouraging the administration to press the Republic of Colombia to live up to its international trade commitments... At issue is a 2013 change by the Colombian government in the rules for how new commercial trucks can be registered in that country... “The buyers of new trucks must first purchase a second, old truck, and scrap it before they can register and use their new capital purchase,” the letter reads. “In response to this counterproductive policy, the truck market in Colombia has shrunk by nearly 70 percent. Hundreds of millions of dollars worth of truck exports have fallen victim to Colombia’s scrapping rule” ... In 2012, American truck brands sold nearly 12,000 heavy-duty trucks in Colombia, dominating the truck market in that nation... Several manufacturers could be impacted if nothing changes, including Ohio's: Chillicothe’s Kenworth Truck Co., Detroit PDC in Canton, Navistar in Springfield and Etna and Volvo Group across Ohio... The letter states that the U.S.A. cannot continue to allow violations of trade agreements without consequence... 
(Photo from Flickr: Old trucks that roll on roads Colombia)  --  Washington,DC, USA – The Chillicothe Gazette - June 17, 2015

Labels:

posted by Unknown @ 7:11 AM 

0 Comments:

Post a Comment

<< Home