Manufacturers say trade agreements will create jobs.May 11, 2011 -
Frank Vargo, NAM Vice President for International Economic Affairs, released statement regarding Obama Administration's letter to Congress on the Colombia free trade agreement. According to Vargo, manufacturing continues to drive nation's recovery, and exports are playing a key role in this economic growth. Pending FTAs with Korea, Panama, and Colombia are critical to reaching President's goal of doubling exports by 2014 and creating manufacturing jobs.
Manufacturers: Trade Agreements Will Create Jobs
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National Association Of Manufacturers (NAM)
1331 Pennsylvania Ave. N.W.
Washington, DC, 20004
Press release date: May 4, 2011
NAM Urges the Administration and Congress to Move Forward with Pending Agreements
Washington, D.C., - National Association of Manufacturers (NAM) Vice President for International Economic Affairs Frank Vargo released this statement today regarding the Obama Administration's letter to Congress on the Colombia free trade agreement (FTA):
"Manufacturing continues to drive our nation's recovery, and exports are playing a key role in this economic growth. The pending FTAs with Korea, Panama and Colombia are critical to reaching the President's goal of doubling exports by 2014 and creating manufacturing jobs. Today's announcement that the Obama Administration is ready to seek congressional approval for all three agreements is a positive step for manufacturers and their employees.
These agreements have been delayed for far too long, and the longer we wait to enact the agreements, the more market share we will continue to lose to our competitors. Manufacturers stand ready to work with Congress and the Administration to help move forward the Korea, Panama and Colombia FTAs as quickly as possible so manufacturers can begin to create jobs."
The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.