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To: RealMuLan who wrote (47265)3/11/2004 2:22:22 PM
From: RealMuLan  Respond to of 74559
 
INDIA, US CLASH OVER US MOVE TO HALT FEDERAL OUTSOURCING

In a move to ban the outsourcing of US federal jobs, the US Senate on 4 March approved a measure preventing American companies from using money from certain federal contracts to export jobs overseas. The measure was attached to the "Jumpstart Our Business Strength (JOBS) Act," designed to heal trade ties with the EC. The Act itself aims at repealing a tax break for US exporters, which the WTO has ruled to be an illegal trade subsidy in the EC-US "Foreign Sales Corporations" dispute (see BRIDGES Weekly, 3 March 2004). The measure banning outsourcing would not apply to Defence, Homeland Security and Energy department contracts related to national security.

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