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NAM supports unanimous vote for Peru agreement.

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October 30, 2007 - Following unanimous passage by voice vote of U.S-Peru Trade Promotion Agreement by House Ways and Means Committee, NAM's president and CEO stated that the committee understands benefits of trade agreement and merits of May 10 bipartisan trade policy agreement. Strong leadership of Chairman Charlie Rangel and Ranking Member Jim McCrery provides clear example for rest of House to follow when Peru agreement reaches floor for final vote.

NAM Statement on Unanimous Vote for Peru Agreement


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National Association Of Manufacturers (NAM)
1331 Pennsylvania Ave. N.W.
Washington, DC, 20004
USA



Press release date: September 25, 2007

WASHINGTON, D.C., September 25, 2007 - Following the House Ways and Means Committee's unanimous passage by voice vote of the U.S-Peru Trade Promotion Agreement today, the National Association of Manufacturers' President and CEO John Engler issued the following statement:

Today's unanimous voice vote shows that the committee understands the benefits of this trade agreement and the merits of the May 10 bipartisan trade policy agreement.

The strong leadership of Chairman Charlie Rangel and Ranking Member Jim McCrery provides a clear example for the rest of the House to follow when the Peru agreement reaches the floor for a final vote. As Chairman Rangel points out, the committee has 'an opportunity to break the polarization and go into a bipartisan agreement asking: "is this good for the United States of America?"' All members of the House should embrace the overwhelmingly bipartisan nature of the committee's vote. It reflects the importance of trade to America's economy and reaffirms my belief that the May 10 agreement was a key factor in incorporating the concerns that some members of Congress have with regard to trade. I look forward to a strong majority voting in favor of the Peru trade agreement. This is the start of a robust trade agenda and we look for quick, bipartisan action on our pending trade agreements with Colombia, Panama and Korea.

The National Association of Manufacturers is the nation's largest industrial trade association, representing small and large manufacturers in every industrial sector and in all 50 states. Headquartered in Washington, D.C., the NAM has 11 additional offices across the country. Visit the NAM's award-winning web site at www.nam.org for more information about manufacturing and the economy.

CONTACT: J.P. FIELDER (202) 637-3089
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