A U.S. industry group representing financial, insurance, telecommunication and other service companies has picked former senior U.S. trade official Peter Allgeier as its next president, just as services trade talks are picking up steam.
While big developing countries such as China, India, Brazil and South Africa have stayed away from the talks, a few others such as Turkey, Colombia, Costa Rica, Pakistan and Peru are taking part and U.S. industry hopes more will join.
The group's diverse members include AT&T, Citigroup, Fedex, Halliburton, HP, IBM, JPMorgan Chase, Microsoft, NewsCorp, Time Warner, UPS, Visa International and Walmart.
Possible bilateral trade talks between the EU and the United States also could open up new markets, Allegeier said.
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