Washington DC – Today, National Foreign Trade Council (NFTC) President Bill Reinsch commended members of the Senate for passing a motion to proceed to debate on the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015). Reinsch also applauded Senators for approving legislation to extend Trade Adjustment Assistance (TAA), the African Growth and Opportunity Act (AGOA), the Generalized System of Preferences (GSP) and the preferential duty treatment program for Haiti.
“Today’s action in the Senate paves the way for robust debate on the TPA-2015 bill, legislation which will help U.S. negotiators secure trade agreements that contribute to U.S. economic growth and support American jobs. This step forward builds momentum toward floor votes on the TPA legislation in both the Senate and the House.
“In addition to moving the ball forward on TPA, we also welcome the Senate’s approval of legislation to extend TAA and critical preference programs – AGOA, GSP and the preferential duty treatment program for Haiti.
“All of the trade measures considered today are vital components of a comprehensive U.S. trade agenda, and we commend the Senate for taking action in the best interest of American employers, exporters and workers.”
Serving America’s Global Businesses Since 1914! Details at www.nftc.org 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. Follow us on: