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Public Statements

United States-Panama Trade Promotion Agreement Implementation Act

Floor Speech

By:
Date:
Location: Washington, DC

Mr. FRELINGHUYSEN. I thank the chairman for yielding.

Madam Speaker, I rise in strong support of the three free trade agreements with Panama, Colombia, and South Korea. Frankly, it is about time they have come to the House for action. Studies have shown that further delays on these three trade agreements would put 380,000 American jobs at risk; whereas, passing them will create over a quarter of a million new jobs and add $13 billion to our gross domestic product.

The latest data shows 130,000 jobs in New Jersey depend on international trade. Of these, 50,000 are manufacturing jobs. Approximately one out of every six manufacturing jobs in New Jersey is directly related to global trade. We need more activity on the trade export agenda, and these free trade agreements will produce many, many hundreds of thousands of jobs. We need to get about it. Let's act on it. I strongly support it.


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