The Senate’s vote to restore Trade Promotion Authority for the President sends a clear signal to our trading partners that we are serious about free and open trade. AMI commends Senate members for restoring this important presidential authority that will help open world markets, creating more export opportunities for U.S. agricultural products and building trust in our relationships with foreign countries.
Trade Promotion Authority (TPA), formerly known as “fast track” authority, has proven its worth in advancing our international economic agenda-which has been at the forefront of global economic growth and political and financial stability for the past 50 years.
America has been on the sidelines of world commerce for too long. The agricultural sector of the economy welcomes this important authority which is sorely needed for us to compete effectively in the global economy.
America’s agricultural machine is amazingly productive. We produce much more food than we can consume. More liberalized trade will help us share our bounty with the world-not just our agricultural bounty, but our economic bounty as well. Open markets create a positive chain reaction around the world, ultimately contributing to peace and prosperity.
AMI represents the interests of packers and processors of beef, pork, lamb, veal and turkey products and their suppliers throughout North America. Headquartered in Washington, DC, the Institute provides legislative, regulatory and public relations services, conducts scientific and economic research, offers marketing and technical assistance and sponsors education programs.