Council Urges Bipartisan Support for PTPA
“Today’s hearing is a reflection of the United States’ commitment to enacting enhanced trade relations with Peru in a timely manner, mirroring the momentum built and action taken by the Peruvian government to approve the pact in their Congress late last month,” said Anne Alonzo, National Foreign Trade Council Senior Vice President. “We commend the
“The agreement is a necessary step to maximize trade and investment opportunities in
Two-way trade between the
In addition, the PTPA will also expand export market access for the U.S. Hispanic business community. “With many cultural connections to the region, Hispanic American businesses will have an opportunity to leverage and maximize the reach of their language, culture, family ties and other unique offerings into new markets,” said Alonzo, who also serves as Co-Chair of the Hispanic
Among the witnesses who testified at today’s hearing, Daniel H. Jara, President and CEO of Statewide Hispanic Chamber of Commerce of New Jersey, and a member of HAFT, discussed the rapidly growing U.S. Hispanic business population and the critical importance of the PTPA to this community. In addition, he testified about the Hispanic community’s desire for the agreement to expand economic growth and create a stable environment for the Western hemisphere.
The proposed agreement would eliminate tariffs and other barriers to trade between the
“The PTPA should be a priority for this Congress and today’s hearing is a step in the right direction towards implementation of the agreement. We urge members to follow through with full bipartisan support,” concluded Alonzo.
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