Today the House of Representatives passed the Panama, Columbia and South Korea Free Trade Agreements. Congressman Jon Runyan (R-NJ) issued the following statement on the passage:
"For the past five years Congress has been working and waiting on these three trade agreements and I applaud the President for submitting all three to the House of Representatives and to the Leadership of the House for quickly moving the legislation to the full House of Representatives for a vote. In our current economic situation, with unemployment still above 9%, the federal government must be focusing on job creation. These trade agreements will help create jobs and, at the same time, help small businesses grow. Many of our economic rivals have already entered into agreements with these nations and have a decided advantage. These agreements ensure U.S. manufacturers will now have access to new markets and millions of potential new customers and will not be subject to prohibitive tariffs or barriers."