Washington, DC – The National Foreign Trade Council (NFTC) today welcomed the President’s signing of a proclamation to implement the U.S.-Peru Trade Promotion Agreement on February 1, 2009.
“We welcome today’s announcement regarding the entry into force of the U.S.-Peru FTA in just a matter of weeks. The agreement is well-crafted and was developed based on a bipartisan vision for U.S. trade policy,” said NFTC Vice President for Regional Trade Initiatives Chuck Dittrich. “We applaud the Peruvian government for its extraordinary efforts to work with the United States to put in place high standard commitments on labor rights and the environment. We praise both governments for working together to achieve implementation in a timely fashion.”
“The Peruvian market is dynamic and growing, and implementation of the FTA will provide numerous opportunities for U.S. businesses, from farms and small and medium-sized enterprises to the multinational corporations the NFTC represents,” said NFTC President Bill Reinsch. “During this time of economic uncertainty, expanding market access for U.S. goods and services is critical to ensuring that our exports play a role in our economic recovery.”
Advancing Global Commerce for Over 90 Years
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.