Rich Neal: “Today we're voting on a historic trade agreement with Peru. Let me thank Charlie Rangel and Sandy Levin for the…”

“Today we're voting on a historic trade agreement with Peru. Let me thank Charlie Rangel and Sandy Levin for the diligence they demonstrated in negotiating with the administration. This trade deal is about exports. Make no mistake about it, Mr. Speaker, the labor and environmental provisions in the Peru FTA are big steps towards a more progressive trade policy where trade benefits are spread more broadly in a global economy. Regarding labor, the FTA includes a fully enforceable commitment that Peru adopt and maintain the five basic international labor standards. Peruvian President Garcia has already implemented changes to Peru's legal framework to allow compliance with international labor standards. A key provision allows the United States to challenge any violation of Peru's commitments to labor standards. Like the labor provision, the environmental provisions in the Peru FTA are also unprecedented. This legislation before us not only makes significant steps in the right direction, but it also moves aggressively in stopping illegal logging. In addition to the significant reductions in tariff and nontariff barriers to U.S. exports, again, it's about exports, the agreement also includes important provisions relating to generic medicines, government procurement, and investment protections. Mr. Speaker, the importance in progress associated with the Peru FTA will allow a lot of Democrats tonight for the first time to vote for an FTA.”