WASHINGTON – Today, Congressman Henry Cuellar (TX-28) issued the following statement after the Administration sent to Congress pending Free Trade Agreements with South Korea, Colombia and Panama:
"I am encouraged by the Administration's submission of the pending Free Trade Agreements with South Korea, Colombia and Panama to Congress. Now is the time for Congress to take action and pass the delayed trade pacts to increase American exports and spur domestic job creation.
"I support implementing three important free trade agreements with South Korea, Colombia and Panama in order to advance our economic opportunities. To pass these and other future trade agreements, both sides of the aisle must come together and forge a consensus putting the American economy first. That's why I'll continue to work through the bi-partisan Pro-Trade Caucus to advance an international trade policy that keeps America competitive. By leveling the playing field with 21st Century trade deals, we increase American exports abroad and spur job creation here at home.
"The trade agreements would support more than 250,000 jobs in the United States in industries like manufacturing, services and agriculture. These pending free trade agreements would also boost U.S. exports by $13 billion annually, according to reports. In the next couple of years, about 87 percent of global growth will take place outside the United States. In order for the United States to grow, we must export and work with our allies domestically and internationally to become emerged in the thriving global market. The United States must not abandon the trade deals and allow other foreign countries to forge ahead. I support passing these pending free trade agreements to deter falling behind in the world, prevent losing more jobs and dragging the nation's economic recovery.
"I applaud the Administration's and Congress' bipartisan work to put these deals on the fast track to passage. I will work with my colleagues in the House of Representatives, the Senate and with the Administration to move these trade agreements forward and see their enactment into law. There's a growing global market waiting for the U.S. to grab a hold. And there's no time, nor good reason, to wait any longer."