Urges
“We are encouraged by today’s hearing and look forward to the House scheduling both a hearing and mock markup, two important steps in the process toward approval of the trade pact,” said NFTC President Bill Reinsch. “Understanding the time constraints of this week and next, we urge the leadership of the House Ways and Means Committee to carve out time as soon as possible to consider the Peru agreement, and move forward with the other FTAs awaiting approval.”
The trade agreement, which has been updated in recent months to include additional provisions on labor, the environment and other issues consistent with the bipartisan agreement reached on May 10, will allow for continued and increased market access for U.S. goods such as machinery, electronics, plastics and agricultural products. The PTPA will also eliminate tariffs and other barriers to trade between the
“This is a solid agreement that is the result of thoughtful negotiations between the
Advancing Global Commerce for Over 90 Years
The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in