The U.S.-Panama Trade Promotion Agreement enters into force today, marking the completion of the three U.S. trade agreements enacted in 2011. Trade promotion agreements with Colombia and South Korea took effect earlier in 2012. Congressman Adrian Smith (R-NE) issued the following statement:
"The three trade agreements with Panama, Colombia and South Korea are now in effect, bringing mutual economic benefits and expanding export opportunities for Nebraska goods, crops and products.
"Increased trade remains a bright spot for our economy, and an all-too-rare area of bipartisan agreement to grow our economy and create American jobs. As a member of the Ways and Means Committee and its Subcommittee on Trade, I will continue working to open new markets for Nebraska's workers, farmers and ranchers to sell their products abroad."