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USA*Engage Applauds U.S. Response to North Korea
Date: 6/26/2008

Washington, DC – In response to this morning's announcement by President Bush that the United States would remove North Korea from its list of state sponsors of terrorism and remove sanctions under the Trading with the Enemy Act, USA*Engage director Jake Colvin issued the following statement:

"We are pleased to see progress by North Korea in disclosing its nuclear facilities and the rapid response by the Bush Administration.  It is important to remember that this deal is the result of sustained, direct, multilateral diplomacy by the United States with North Korea and other concerned parties. Dialogue is not a magic bullet, but today's actions by Pyongyang and Washington demonstrate that negotiations and patience can bear fruit."

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USA*Engage (www.usaengage.org) is a coalition of small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad. Established in 1997 and organized under the National Foreign Trade Council (www.nftc.org), USA*Engage leads a campaign to inform policy-makers, opinion-leaders, and the public about the counterproductive nature of unilateral sanctions, the importance of exports and overseas investment for American competitiveness and jobs, and the role of American companies in promoting human rights and democracy world wide.

The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.