Unilateral sanctions that limit or prohibit American activity overseas have been proposed or are already in place for some of the largest potential markets in the world. In addition, we are witnessing a growth in U.S. imposed secondary boycotts, which our nation has long opposed, like we did with the Arab boycott of Israel. Americans support human rights, the rule of law, and religious freedom. All Americans, including our member companies, want to prevent nuclear proliferation. Where we part company with our opponents on this issue is over the means chosen to achieve these goals.
Sanctions ignore diplomacy, ignore multilateralism, and ignore the benefits of engagement.
Today two-thirds of all Boeing airplanes produced are shipped overseas. We must have continued access to foreign markets, especially those emerging economies with fledgling airlines because their initial purchases usually establish what brand they will buy in the long-run. Unilateral sanctions are unpredictable, and for our business that spells trouble. The international aerospace market is intensely competitive. Our customers must be confident their airplanes will be financed, delivered, and serviced.