A Victory for America and Peru!
The U.S.-Peru Trade Promotion Agreement Passes with Overwhelming Bipartisan Support in Congress!


The U.S.-Peru Trade Promotion Agreement passed in Congress with tremendous bipartisan support. With overwhelming support in the House of Representatives in November and a vote of 77-18 in the Senate on December 4, a new way forward on trade has been declared!

Leaders in the House and Senate express their support for this agreement best:

''Peru is no ordinary country. And the Peru agreement is no ordinary free trade agreement...The Peru agreement is, in fact, a groundbreaking achievement. Months of complex negotiations involving numerous parties and difficult compromises on all sides resulted in a landmark deal between Congress and the administration.''
- Senate Finance Committee Chairman Max Baucus

''A clear bipartisan majority in both the House and Senate approved the U.S.-Peru Trade Promotion Agreement because it benefits U.S. economic growth. Not only will the agreement reinforce the free markets of Peru, it will help grow jobs here at home and continue to open the global marketplace to American products.''
- Senate Rebuplican Leader Mitch McConnell

''Passage of this free trade agreement represents a key victory for American workers and further underscores the value of free trade to our nation's economy. This agreement will open an important new market for American businesses, farmers, and ranchers, while sparking greater economic growth and job creation in both the United States and Peru.''
- House Republican Leader John Boehner

''This Peru Free Trade Agreement is an historic accomplishment in trade policy and in our relationship with a strong ally in a region that is vital to our economic and national security. This agreement has great potential to strengthen the economic ties between the United States and Peru and to improve the standard of living in both countries.''
- House Majority Leader Steny Hoyer

''The Peru FTA signals a dramatic step in a new trade policy - one that takes on the essential need to expand the sharing of the benefits of expanded trade and addressing its downsides - by including for the first time enforceable worker rights and environmental standards.''
- House Trade Subcommittee Chairman Sander Levin


The U.S.-Peru Trade Promotion Agreement is a Victory for Trade and for America!





Latin America Trade Coalition | 1615 H Street, N.W. | Washington, D.C. 20062
www.latradecoalition.org

December 5, 2007

Did you know?

The total increase in United States farm exports associated with the PTPA could exceed $705 million per year, including items such as fruits, vegetables, tallow, and other high-value processed products.
-American Farm Bureau Federation



Overheard      

''Whether you focus on the benefits of these agreements for our trading partners, or the benefits for the United States, the fact is, implementation [of PTPA] will advance our mutual interests.''
- Senate Finance Committee Ranking Member Chuck Grassley