Global Trade Exchange - 2007: DHS Secretary Chertoff Spearheads Project

2007: DHS Secretary Chertoff Spearheads Project

"Chertoff said, is "piloting, on a voluntary basis, a system that would provide expanded global access to trade information." This system would involve the submission of an even broader range of data by a wider variety of supply chain actors to a third-party global trade exchange (GTX) that could be accessed by government agencies. More information would allow CBP to be more precise in identifying risks and to thus conduct fewer and better-targeted container inspections. Chertoff stressed that the GTX operator would be a "trusted aggregator" and that there would be "a stringent rule set" to make sure that sensitive business information is not "divulged or shared to competitors." He noted that CBP hopes to put out a request for proposal on such a system in the "very near future.""

Although never fully explained in terms of content, the Global Trade Exchange was noted as being one of the three pillars of the U.S. Customs and Border Patrol (CBP) strategy for trade data-gathering.

The Global Trade Exchange was touted as a ready-made project run by a private-sector company in cooperation with foreign governments; data was to have been obtained on a voluntary basis by companies. On July 26, 2007 Senator Patty Murray added the GTX to the Department of Homeland Security Appropriations budget, by adding Amendment (S.2499) into H.R. 2638.

Read more about this topic:  Global Trade Exchange

Famous quotes containing the words secretary and/or project:

    ... the wife of an executive would be a better wife had she been a secretary first. As a secretary, you learn to adjust to the boss’s moods. Many marriages would be happier if the wife would do that.
    Anne Bogan, U.S. executive secretary. As quoted in Working, book 1, by Studs Terkel (1973)

    I wish to come to know you get to know you all
    Let your belief in me and me in you stand tall
    Just like a project of which no one tells
    Or do ya still think that I’m somebody else?
    John Ashbery (b. 1927)