HTTF urges defeat of Kerry Investment Amendment

The Senate Republican High Tech Task Force urges the Senate to defeat the Kerry (D-MA) amendment related to investor/state dispute resolution. The Kerry amendment would deny U.S. investors the opportunity to seek relief from foreign governments that adopt trade-impairing measures under the guise of environmental, health, or consumer protection. The amendment jeopardizes U.S. investments abroad, and it is particularly problematic for high-tech as the technology industry is the largest overseas investor as well as the largest manufacturing employer in the United States. Curtailing exports abroad will curtain high wage technology jobs in the United States, as well as investment opportunities abroad.