I thank the chairman for yielding time. This is a really important bipartisan bill. I want to thank Mr. Rangel for his work and, of course, Chairman Ryan. This bill is important because it is part of our soft power. This is about how America exerts soft power in these regions. It is about helping to build trade capacity in the long run to get us to expanded commercial relations in areas of need. This bill encourages the adoption and implementation of WTO agreements, including the WTO Trade Facilitation Agreement, which eliminates red tape at the border, something that we have worked very hard to do and something that will benefit American companies in the long run, as well as our trading partners. This encourages the development by AGOA beneficiaries of utilizing strategies to improve the effectiveness and use of the program to make this program more effective. It commits the United States to working with AGOA beneficiaries to develop and implement these kinds of strategies. It outlines a path for deepening and expanding trade and investment ties, all good for American national security, good for the American economy, good for job creation. The Generalized System of Preferences program--extends this program until December 31, 2017.…
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