Category: NFTC In the News
China-Bashing Hits ’12 Race
Pressing For FTAs Approval After Hill Recess
House Democrats Wary of ‘Path’ to Trade Deals
Excerpt: Two senior Democrats on Thursday reacted warily to a Senate deal to ensure passage of three long-delayed free trade agreements, saying they wanted an absolute guarantee that a retraining program for displaced workers would also be approved… Meanwhile, business groups welcomed the Reid-McConnell agreement and urged quick follow through. “While there will be many legislative priorities when Congress returns, the administration and Congress must now move to a vote and finally take yes for an answer on trade,” said Chuck Dittrich, vice president for regional trade issues at the National Foreign Trade Council.
http://www.reuters.com/article/2011/08/04/us-usa-trade-congress-idUSTRE7736TM20110804
FTA Delay Costing Farmers Money, Market Share
Excerpt: In a few short weeks, the United States will be the only major wheat provider for Colombian buyers not benefiting from permanent zero duty access. This will cut significantly into wheat growers’ share of that large and growing market — hurting both U.S. producers and Colombian buyers of their products. That was the main message from NAWG President Wayne Hurst at a press roundtable held Friday by the National Foreign Trade Council (NFTC), which promotes the expansion of trade.
http://southeastfarmpress.com/grains/fta-delay-costing-farmers-money-market-share http://americanagnetwork.com/2011/08/farmers-losing-money-market-share-from-fta-delay / http://cornandsoybeandigest.com/issues/farmers-losing-money-market-share-fta-delay
U.S. Business Hopes Debt Deal Clears Way For Trade
Excerpt: A deal to raise the U.S. debt ceiling after weeks of tough talks between the White House and Congress has raised hope leaders will now turn their attention to resolving difference blocking three long-delayed trade deals, U.S. business groups said on Monday. “It would be good if we can start those wheels turning before (lawmakers) go away” for their month-long August recess, said Bill Reinsch, president of the National Foreign Trade Council, whose members include major exporters such as Boeing and Caterpillar.
http://www.reuters.com/article/2011/08/01/us-usa-congress-trade-idUSTRE7705IV20110801
Agriculture Groups Urge Free Trade Approval
The Market For U.S. Cleantech Is Out There
Australia Seeks Creativity In Stalled Doha Talks
Landmark US-Mexico trucking agreement resolves 15-year conflict
Excerpt: The United States and Mexico on Wednesday signed an agreement aimed at resolving a cross-border trucking dispute. The longstanding disagreement had come to symbolize growing resistance, especially in the US Congress, to free-trade provisions with America’s southern neighbor… Recognizing the potential for a negative response from Congress, some supporters of Wednesday’s agreement wasted little time with praise and got right on to warnings against attempts to once again sidetrack the resolution. “We are encouraged there is finally a positive end in sight,” said Bill Reinsch, president of the National Foreign Trade Council in Washington. But he added, “We urge Congress to refrain from any action that would derail the program or fall short of our commitments under NAFTA.”http://www.csmonitor.com/USA/Foreign-Policy/2011/0706/Landmark-US-Mexico-trucking-agreement-resolves-15-year-conflict
