NPPC applauds deal to vote on FTAs
The US National Pork Producers Council (NPPC) applauded
the Bush administration, House Speaker Nancy Pelosi and congressional leadership
for reaching a bipartisan deal to move forward free trade agreements (FTAs) that
will significantly increase exports of US pork.
The administration and the Congress agreed to add, through legally binding
mechanisms, standards on labour and the environment to pending and future trade
Paving the way
The FTA deal paves the way for
votes on bilateral free trade agreements with Colombia, Panama, Peru and South
According to Iowa State University economist Dermot Hayes,
those trade pacts when fully implemented are estimated to increase US live hog
prices per animal by $1.63, $0.20, $0.83 and $10, respectively.
appreciate the hard work of USTR ambassador Susan Schwab and Speaker Pelosi and
other congressional leaders in unlocking the stalemate on trade," said NPPC
president Jill Appell.
"NPPC is eager to see pork
producers reap the benefits of these FTAs. We would like to see all four pending
FTAs approved by Congress prior to the August recess", Appell
"Increasing export markets through international trade
agreements is vital to the profitability of US pork producers, and we will fight
hard to get these pending FTAs approved," Appell added.
â€¢ National Pork Producers
â€¢ Iowa State
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