Political Quotes

On the recordJuly 22, 2003
over the last 6 years, the United States has lost nearly one-third of its share of Chile's import market. Not coincidentally, the plunge occurred while other nations were implementing their own free trade agreements with Chile and getting market share there. Since the early 1990s, Chile signed free trade agreements with Canada, Mexico and the four nations of MERCOSUR. And earlier this year, implementation of the European Union-Chile's FTA led to an immediate surge in exports to Chile from European firms in direct competition with U.S. firms. The lost Chilean sales not only cost the United States its long-time ranking as the top exporting Nation to Chile, it also cost U.S. businesses and workers thousands of higher-paying, export-related jobs. U.S. businesses have the expertise and the resources to compete globally, if they are allowed to do so on equal terms with our competitors. It is time to pass the U.S.-Chile free trade agreement and give our companies the opportunity they need to stay competitive in Chile.
Said by
Judy Biggert
Illinois

Editor's note · Context

Discussing the impact of free trade agreements on U.S. exports to Chile.

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