ABSTRACT

U.S. Trade and Development Agency (TDA) [Updated January 21, 2021]   [open pdf - 497KB]

From the Document: "The U.S. Trade and Development Agency (TDA) is an independent U.S. government export promotion and foreign assistance agency. TDA aims to support U.S. jobs by linking U.S. firms to export opportunities for development projects in low- and middle-income countries by funding 'pre-export' assistance. TDA-related issues for Congress may include the economic justifications for its mandate, and its role in supporting U.S. exports, relationship to other U.S. agencies, and intersection with broader U.S. policy goals and priorities. [...] Supporters of TDA, including many in the business community, hold that TDA programs are key to U.S. export promotion efforts and help U.S. firms compete with foreign firms that have access to similar support through their national programs. TDA's role may be especially critical for smaller firms with limited resources to conduct their own project preparation analyses. Supporters also note that users share the costs of TDA-funded activity and that some TDA costs are reimbursed. Critics argue that TDA distorts market conditions by encouraging commercially unviable activities and, in turn, inefficient use of resources. Critics also contend that TDA activities may provide unnecessary use of taxpayer-funded assistance to businesses."

Report Number:
CRS In Focus, IF10673
Author:
Publisher:
Date:
2021-01-21
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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