FedEx Chairman Urges Greater U.S.-EU Cooperation

Share this article:
Increased prosperity for the United States and the European Union depends on better cooperation and eliminating barriers. That was the message delivered by Frederick W. Smith, chairman/president/CEO of FedEx Corp., during a gathering of European policy makers, business leaders and international journalists in Paris on Jan. 17.

Continued liberalization of trade and breaking down regulatory barriers -- such as aviation protectionism and archaic customs procedures -- will ultimately expand choices and opportunities for the world's citizens and businesses, according to FedEx, which released excerpts of Smith's speech.

"There are several issues that France and all EU members must address to ensure that we continue to enjoy the free flow of goods and the benefits of world trade for all countries," he said. "I compliment France for its farsightedness in concluding a highly flexible air services agreement with the United States. I would ask France and its like-minded European partners to encourage the conclusion of a similarly open U.S.-EU bilateral agreement."

France and the United States reached an "open skies," or bilateral air services agreement, in 2002.

"In Europe, the adoption of an open skies policy between the U.S. and individual EU member states would be key in helping both sides realize the full economic benefits of the global economy," Smith said.

Regarding customs reform, he urged all nations to streamline their customs clearance processes to more readily facilitate global commerce and productivity. He added that productivity was key in a global economy that is being increasingly defined by goods that arrive "just in time."

Melissa Campanelli covers postal news, CRM and database marketing for DM News and To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting

Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Next Article in News

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Hawk Search Widens its Global Reach

Hawk Search Widens its Global Reach

Hawk Search's solution offers support for more than twice as many languages as other site search providers, according to the company.

Candidates Offer Change In The Form of Targeting

Candidates Offer Change In The Form of Targeting

A campaign for Ben Carson raised $2.8 million despite his lack of cooperation.

Target Names Retail Veteran Brian Cornell as CEO

Target Names Retail Veteran Brian Cornell as CEO

He leaves the top job at PepsiCo Foods to take the spot vacated by Greg Steinhafel in the aftermath of the data breach.

Copyright © 2014 Haymarket Media, Inc. All Rights Reserved
This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization.
Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions.