July 7, 2011
Business Groups Urge No More Delays on Trade Pacts and Adjustment Assistance
Yesterday USCIB joined with 33 other business groups on a letter to the leaders of the Senate Finance Committee and House Ways and Means Committee urging them to move forward on the three pending U.S. free trade agreements with Colombia, Korea and Panama, and to work out an agreed approach to Trade Adjustment Assistance (TAA).
“We applaud the work of your committees for taking these next steps toward approval of these vital agreements,” the groups wrote. “To level the playing field for trade, create American jobs, and reaffirm U.S. leadership, [we] urge the swift approval of the three agreements and resolution of the differences over Trade Adjustment Assistance by both the House and Senate.”
Today both committees were expected to hold mock markups to move the approval process forward. The House implementing bill does not include TAA, while the Senate implementing bill does.
Staff contact: Rob Mulligan
Business association letter
More on USCIB’s Trade and Investment Committee
