(Posted Thu. Jan 9th, 2014)
Jan. 9: The National Corn Growers Association praised the introduction of bipartisan updated Trade Promotion Authority legislation today that will establish strong rules for trade negotiations and Congressional approval of trade pacts, to deliver trade agreements that boost U.S. exports and create American jobs. NCGA now urges Congress and the Administration to act swiftly to move the legislation forward.
“We applaud the legislation introduced today as it would improve our nation’s ability to advance trade agreements that open markets for U.S. farmers,” said NCGA Trade Policy and Biotechnology Action Team Chair Jim Zimmerman. “The legislation provides rules against trade barriers to U.S. agricultural products that are both tough and enforceable. We urge quick progress toward passing this important legislation.”
Senate Finance Committee Chairman Max Baucus (D-Mont.), Ranking Member Orrin Hatch (R-Utah) and House Ways and Means Committee Chairman Dave Camp (R-Mich.) introduced this legislation. The Bipartisan Congressional Trade Priorities Act of 2014 establishes Congressional negotiating objectives and rules for the Administration to follow when engaged in trade talks. These special procedures apply when moving a negotiated deal that satisfies the objectives through the Senate and House of Representatives.
The United States is actively pursuing an ambitious set of trade negotiations, including the Trans-Pacific Partnership, the Transatlantic Trade and Investment Partnership and the Trade in Services Agreement, among others. By updating TPA, Congress can help shape and achieve solid results in U.S. trade negotiations.