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News & Insights

NFTC Commends Senate Majority Leader for Statement in Support of G-20 Communiqué

April 2, 2009


Washington DC – The National Foreign Trade Council (NFTC) today commended Senate Majority Leader Harry Reid for his statement regarding the communiqué released today during the G-20 London Summit. NFTC President Bill Reinsch released the following statement.

“We welcome Senator Reid’s support of the principles outlined in the G-20’s communiqué. During this time of crisis, it is critically important for the United States to speak with one voice in support of policies that will help not only America, but the world, to recover from this unprecedented strain on the global economy.

“The United States has an opportunity to set an example for other nations. Congress and the Administration can do this by working together to reject policy proposals that signal a turn inward and away from international engagement, like some recent legislation has contain. This statement, coming from the Senate Majority Leader, tells the world that both branches of our government are prepared to work together to keep markets open and promote economic growth globally.

“Our ability to rebound, grow our economy and create jobs, is inextricably linked to the health of the international community and the policies all nations pursue to help open markets and create new channels for trade and investment.”
 

About the NFTC

Advancing Global Commerce for 95 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.

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