he Advisory Committee for Trade Policy and Negotiations is the principal trade advisory committee providing overall policy advice on trade matters to the Office of the U.S. Trade Representative.
The committee provides information and advice with respect to US negotiating objectives and bargaining positions before entering into trade agreements, on the operation of any trade agreement once entered into, and on other matters arising in connection with US trade policy.
"Sheldon Adelson is a well-respected businessman and his broad international business experience and insights will be of tremendous value to the Advisory Committee for Trade Policy and Negotiations," said US Trade Representative Susan C. Schwab, who discussed trade issues with Adelson, and Las Vegas Sands President William Weidner, today in Las Vegas.
"As founder of the computer industry tradeshow Comdex, which became the world’s largest tradeshow with a presence in more than 20 counties, Sheldon has been on countless tradeshow floors and has a unique perspective on how most import and export deals are consummated," said Weidner.
"The tradeshow floor is the playing field on which importers and exporters work and as chairman of a company that currently owns and operates more than three million square feet of meeting and tradeshow space, and has another nearly four million square feet under development, no one is better positioned to provide input and insights into the intricacies of the tradeshow business and its overall impact on international trade."
Sheldon G. Adelson is currently chairman of the board and CEO of Las Vegas Sands Corp. A dynamic entrepreneur, business visionary and venture capitalist, Adelson’s business career spans over five decades and has included creating and developing to maturity more than 50 different companies, including Comdex, a tradeshow he developed for the computer industry. At his direction, it became the world’s largest trade show with a presence in more than 20 countries.
"To be considered for this important committee is a true honor and serving as a member is an obligation I take very seriously," Adelson said. "Trade is a vital component of the world’s economy and I will gladly lend any and all expertise I have to help foster a strong international trade dialogue and help open any doors that for whatever reason have seemingly been shut or hard to open."
The Office of the US Trade Representative is responsible for developing and coordinating US international trade, commodity, and direct investment policy, and overseeing negotiations with other countries. The head of USTR is the US Trade Representative, a cabinet member who serves as the president’s principal trade advisor, negotiator and spokesperson on trade issues.