Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Peterson Institute for International Economics : C. Fred Bergsten Receives the National Foreign Trade Council's 2013 World Trade Award

11/05/2013 | 07:42pm US/Eastern
C. Fred Bergsten Receives the National Foreign Trade Council's 2013 World Trade Award

November 5, 2013


WASHINGTON-The Peterson Institute for International Economics is pleased to announce that C. Fred Bergsten, co-founder and director emeritus of the Institute, has received the National Foreign Trade Council's 2013 World Trade Award. Dr. Bergsten has the special distinction of being the first recipient of the annual award for thought leadership rather than service as a high government official or top corporate executive. Its initial winner in 1938 was Secretary of State Cordell Hull, the father of modern US trade policy.

"Fred Bergsten has had more influence over the direction of US international economic policy on more subjects over a more extended period of time than any other person," said NFTC Chairman and former Deputy US Trade Representative Alan Wolff during his introductory remarks. He presented the award during the NFTC Foundation's 99th annual World Trade Dinner and Awards Ceremony on October 9 in Washington. Senator Ron Wyden, chairman of the International Trade Subcommittee of the Senate Finance Committee, addressed the dinner and added that "the Fred caucus" on the Hill strongly endorsed the award.

"Fred continues to show leadership in pushing the US trade agenda forward," said Adam S. Posen, president of Peterson Institute. "In fact, he is at the center of the Institute's efforts to advance TPP, TTIP and possible new US trade agreements with two of the world's largest economies, China and India."

Recent recipients of the award include US Congressmen David Dreier, Dave Camp and Gregory W. Meeks. Another, in 2007, was James W. Owens, former Chairman and CEO of Caterpillar, Inc. and chairman of the Executive Committee of the Peterson Institute's Board of Directors.

NFTC Chairman Wolff and Bergsten himself also paid tribute to Gary Clyde Hufbauer and Jeffrey J. Schott, Senior Fellows at the Peterson Institute and longtime prominent experts on the benefits and practice of US trade negotiations. Together they negotiated the Subsidies Code in the Tokyo Round at the GATT in the late 1970s, while at the Treasury Department, and helped prepare and advance a number of major US and global trade policy initiatives at the Institute over its 32-year history.

"Fred's monument is not just that [Peterson Institute] building nor his and its inhabitants' prodigious output in terms of policy briefs and books, but the policies he has brought to reality and the thinking that he has challenged," added Wolff. "He is probably the most successful of all the policy entrepreneurs."

>> Download news release[pdf]

About the Peterson Institute

The Peterson Institute for International Economics is a private, nonprofit institution for rigorous, open, and intellectually honest study and discussion of international economic policy. Its purpose is to identify and analyze important issues to making globalization beneficial and sustainable for the people of the United States and the world and then to develop and communicate practical new approaches for dealing with them. The Institute is widely recognized as nonpartisan. It receives its funding from a wide range of corporations, foundations, and private individuals from the United States and around the world, as well as from income on its endowment.

distributed by
React to this article
Latest news
Date Title
1m ago MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA : 4 Government’s Focuses for Oil Fuel Subsidy Saving
2m ago 5BANC SPLIT : Announces Quarterly Dividends on Class C Preferred Shares and Class B Capital Shares
6m ago GUILDFORD COAL : Appendix 3Z - Final Directors Interest Notice
6m ago ABBVIE : Acquires Manufacturing Facility in Singapore; Further Expands Capabilities in Asia
6m ago OILTANKING PARTNERS : SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Oiltanking Partners, L.P. in Connection with the Sale of the Company
8m ago BIG 8 SPLIT INC. : Announces Quarterly Dividends on Preferred Shares and Capital Shares
9m ago Carriers suspend US West Coast port congestion surcharges
9m ago China's Nov manufacturing PMI at six-month low: HSBC (China Nov manufacturing PMI at six month low)
11m ago ELLSWORTH FUND : Issue price announced for the 2014 year-end dividend Nov 20, 2014
11m ago ZILLOW : Free Real Estate Download: Newsletter Templates
Latest news
Advertisement
Hot News 
CARBIOS : Depolymerizes 90% of PLA Material in 48 Hours with Its Innovative Enzymatic Process
WILMINGTON : Charles Brady Buys 1.3 Million Shares (DIRECTOR DEALINGS)
NIGHTHAWK ENERGY : Production and Drilling Update
CAPITAL GEARING : Availability of Half-yearly Report
SPRUE AEGIS : Expects To Beat Market Expectations On Strong Second Half
Most Read News
1h ago Under Senate glare, Goldman rejects commodity manipulation
3h ago Takata executive warns about ability to fix deadly air bag flaw
3h ago MORGAN STANLEY : Oil Price Plunge Tells Morgan Stanley OPEC Action Is More Likely
3h ago DTE ENERGY : announces expansion in Bluestone system
3h ago Takata executive warns about ability to fix deadly air bag flaw
Most recommended articles
12m agoDJObama's Immigration Plan Seen Affecting Wages, Job Moves
16m agoDJKeppel Telecommunications, Keppel Land JV to Buy Data Center in Netherlands
40m agoDJKorea Gas Seeks to Sell Part of LNG Canada Stake
54m agoDJSingapore Technologies Engineering Announces Senior Management Changes
1h agoDJBanks Face Senate Grilling on Commodity Deals
Dynamic quotes  
ON
| OFF