Washington DC – The National Foreign Trade Council (NFTC) today welcomed President Obama’s announcement that he will nominate Michael Froman as the next U.S. Trade Representative and Penny Pritzker for U.S. Secretary of Commerce.
NFTC President Bill Reinsch released the following statement:
“With Mike Froman’s background and great depth and breadth of knowledge on trade matters, President Obama could not have made a better choice for our next U.S. Trade Representative. The TPP and U.S.-EU trade negotiations are at the forefront of the U.S. trade agenda this year, and it is essential that we have a trade ambassador with experience negotiating and finalizing trade agreements. Mike Froman – who played a critical role in the final stages of the U.S.-Korea Free Trade Agreement – is a proven closer of agreements. I have no doubt that he will be a tremendous leader in advancing the U.S. trade agenda.
“We also welcome today’s announcement on the nomination of Penny Pritzker for Secretary of Commerce. This position is vital to U.S. economic growth and job creation and with Pritzker’s extensive business leadership experience, she will be a great fit for the position.”
About the NFTC
Advancing Global Commerce for Nearly A Century- 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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