Political Quotes

On the recordOctober 12, 2011
Mr. President, I rise today to express my support for the free trade agreements with South Korea, Colombia, and Panama. These agreements will eliminate tariffs and nontariff barriers to U.S. exports and protect intellectual property and investment with three key trading partners. At a time when the national unemployment rate stands at almost 10 percent--and tops 12 percent in my home State of California--I believe it is vital that we promote job growth by securing new opportunities for U.S. manufacturers, farmers and service providers in expanding foreign export markets. These three agreements are a good place to start. They are critical to the President's goal of doubling exports over 5 years, which could create 2 million new jobs. This is from a L.A. Times editorial of August 12, 2010. It is simple: export growth as a result of these trade agreements will mean more jobs. And we have no time to lose. Other trading partners have signed or are in the process of negotiating free trade agreements with South Korea, Colombia and Panama. The European Union has already signed free trade agreements with South Korea, Colombia, and Panama. The EU-South Korea agreement came into effect in July. Korea now has or is negotiating 13 free trade agreements involving 50 nations. Canada concluded a trade agreement with Panama in 2010 and will gain preferential access to Colombia's market in August 2012. Argentina and Brazil already have preferential access to the Colombian market.…
Said by
Dianne Feinstein
Democratic · California

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