Friday, October 7, 2011

FTA's Head to the House of Representatives

Trade Pacts Head to Full House for Approval

Washington--The House Ways and Means Committee on Wednesday approved implementing legislation for the Colombia (H.R. 3078), Panama (H.R. 3079) and Korea (H.R. 3080) free trade agreements.

The full House is expected to take up the three bills on either Wednesday or Thursday of next week.

The three trade agreements will be part of a package that includes renewal of the Trade Adjustment Assistance program, which provides assistance for workers who lose their jobs to trade.

AFBF is pressing for passage of the Colombia, Korea and Panama trade agreements and Trade Adjustment Assistance. Passing all three FTAs would create the economic growth that could generate support for up to 22,500 U.S. agricultural-related jobs. Combined, all three FTAs represent almost $2.5 billion in new agriculture exports.

Associated Press article

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