UPS Applauds Administration on Engaging in New Services Trade Deal

  UPS Applauds Administration on Engaging in New Services Trade Deal

 International Trade Agreement on Services Would Enhance Trade Facilitation,
                            Improve Market Access

Business Wire

WASHINGTON -- January 15, 2013

UPS (NYSE:UPS) strongly supports the implementation of an international
services agreement (ISA) that will open new trading opportunities to
businesses large and small. We commend the Obama Administration for providing
formal notification to the U.S. Congress of the intention of the United States
to enter into the current negotiations that are taking place in Geneva.

The ISA negotiations are among a group of 21 trading partners, who represent
nearly two-thirds of global trade in services, with the objective of promoting
international trade in services and supporting increased U.S. service exports
and jobs.

“The American services sector generates more than 75 percent of national
economic output and provides 80 percent of the jobs in the country, making it
imperative that the U.S. government support commercially meaningful trade
agreements that allow U.S. companies to compete on a level playing field in
the world marketplace,” said Dan Brutto, UPS International President. “At this
critical point in the global economic recovery, it is essential that the U.S.
continue to be a leader in trade negotiations.”

Brutto added, “Services are the lifeblood of our economy and of global
commerce – the indispensable enabler of everything from trade in agriculture
and manufacturing to the development and sale of high-tech products. If you
want to make it, move it, buy it, or sell it, you need services –
professional, financial, retail services and, of course, the delivery and
logistics services to get products to market.”

UPS, as the world's largest package delivery company, has long been committed
to breaking down barriers and encouraging the economic growth and jobs that
come with increased trade.

UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of
solutions including the transportation of packages and freight; the
facilitation of international trade, and the deployment of advanced technology
to more efficiently manage the world of business. Headquartered in Atlanta,
UPS serves more than 220 countries and territories worldwide. The company can
be found on the Web at UPS.com and its corporate blog can be found at
blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

Contact:

UPS
Kara Ross, 202-675-1725
karaross@ups.com
 
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