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AMI Urges Quick Passage of Trade Agreements with Korea, Colombia

Thursday, September 17, 2009

(American Meat Institute)

The American Meat Institute (AMI) is urging for the quick passage of a Free Trade Agreement (FTA) with Korea and a Trade Promotion Agreement (TPA) with Colombia, in separate letters to the Office of the United States Trade Representative (USTR).

“AMI supports quick passage of the U.S.-Colombia Trade Promotion Agreement.  As the United States' 10th largest trading partner worldwide in agricultural and livestock products, Colombia is an important market for U.S. beef and beef variety meat exports.  In that regard, the U.S.-Colombia TPA not only provides an opportunity to level the playing field, but it also provides a significant opportunity to expand U.S. beef and beef variety meat sales to the Colombian market,” stated AMI President and CEO Patrick Boyle.

In regards to the proposed agreement with Korea, Boyle stated: “AMI supports passage and implementation of the FTA at the earliest opportunity.  The U.S. beef and pork industries stand to receive significant benefits from the phased elimination of import duties on their products by the Republic of Korea.  However, we note that Korea is moving forward with initiatives to negotiate and sign free trade agreements with Australia and the European Union, countries that are important exporters of beef and pork, and that the template for the beef and pork provisions of the agreements with these countries is modeled on its agreement with the United States.  For this reason, the competitive advantage to the U.S. beef and pork industries that should stem from the FTA could be lost if passage of the agreement by the legislature of either country is delayed much longer.”

To view AMI’s letter to the Office of the USTR in support of the U.S.- Colombia TPA click here: http://www.meatinstitute.org/ht/a/GetDocumentAction/i/53295

To view AMI’s letter to the Office of the USTR in support of the U.S.-Republic of Korea FTA, click here: http://www.meatinstitute.org/ht/a/GetDocumentAction/i/53297

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