Policy & Politics

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Congressional Committees Advance FTAs

Published Jul. 20, 2011

Senate and House committees have approved the Korea, Colombia and Panama free trade agreements (FTAs) in mock mark-up sessions, moving them closer to finalization.

“The next step is for the administration to send the implementing legislation to Capitol Hill for a Congressional vote,” said American Farm Bureau President Bob Stallman. “It is imperative that the process promptly move forward to ensure the agreements will be completed by August recess. Inaction on these trade agreements over the last four years has opened the door to our competitors in these markets. Further delay will only exacerbate the losses for U.S. agriculture and the U.S. economy.”

The three FTAs represent nearly $2.5 billion in new agriculture exports and could generate support for up to 22,500 U.S. jobs.



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