Trade - The Sensible Solution

by Joseph Gentry

GTC Technology Inc. is a strong supporter of free trade in all of its forms.  Trade is the only sensible way to maintain inter-country relationships in the global economy. Anyone who has travelled abroad or done business internationally will easily understand that trade barriers only hurt ourselves, and do not solve any problems.  The message for those who hope to accomplish some sort of jobs protection or social agenda by manipulating trade flows, is that they are only fooling themselves.

Our company has directly benefitted from trade openness. We have established our world headquarters in Houston, TX, but more than 90% of our business is export-oriented to over 20 different countries. GTC’s business activity helps the U.S. balance-of-trade deficit and creates many professional jobs in the engineering and technology field.

Recently, our company has been awarded a job to replace a German competitor's technology in a Korean petrochemical plant. Our scope of work may be broadened to include more tangible goods and services.  Passage of the U.S./Korea free trade agreement will enhance our position against the European competitors in garnering additional work.

Joseph Gentry is Director, Technology - GTC Technology Inc.