AMI Registers Disappointment About Failure to Resolve Outstanding Issues in Korean Free Trade Agreement, Institute Expresses Concerns Over Potential Missed Opportunities for U.S. IndustryFriday, November 12, 2010
The American Meat Institute (AMI) today commended U.S. negotiators for their efforts and expressed disappointment that U.S. and Korean negotiators have failed to resolve issues that have stalled Congressional approval of the U.S.-Korean Free Trade Agreement.
According to AMI, it is essential to pass the
agreement so that tariff reduction schedules
“If we do not pass this agreement soon, our
export opportunities may be at risk to
According to a 2010 AMI analysis of pending free trade agreements, passage and implementation of the U.S. Korea Free Trade Agreement could generate an additional $2.3 billion in exports and create 29,524 jobs.
“These potential gains cannot be realized until our governments resolve outstanding issues and pass these agreements,” Boyle said.
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