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National Foreign Trade Council

From Wikipedia, the free encyclopedia

Founded in 1914, the National Foreign Trade Council (NFTC) is an American trade association that advocates for an open, rules-based international trade system.[1] Its stated goal is to serve its hundreds of member companies by providing them with services and support related to international trade policy and international tax policy.[2] The NFTC is headquartered in Washington, D.C., and its current president is Jake Colvin.

History

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The organization was founded in 1914 by James A. Farrell, the President of US Steel. As the leader of that company, he grew sales through international exports and became an early advocate for global trade.[citation needed]

Activities

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NFTC develops and advocates trade and export finance policies that maximize the competitiveness of its member companies in the global marketplace.[3] The NFTC overturned the Massachusetts Burma Law before the U.S. Supreme Court in Crosby v. National Foreign Trade Council.

References

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  1. ^ "About Us". www.nftc.org. Retrieved 2022-02-16.
  2. ^ "About Us". www.nftc.org. Retrieved 2022-02-16.
  3. ^ "Trade Policy". National Foreign Trade Council. Retrieved June 21, 2013.
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