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AFBF Pushes FTAs
Published Thursday, November 20, 2008 at 05:09 AM
The American Farm Bureau Federation continues to push for passage of the Colombia and Panama Trade Promotion Agreements. In a letter, AFBF President Bob Stallman urged House and Senate leadership to schedule a vote on the agreements during the lame duck session. Stallman said, - Congressional action to pass these agreements will correct the current trade inequities brought on by U.S. preference programs and will result in U.S. agricultural export gains. At full implementation, the agreements represent U.S. agricultural export gains of more than one billion dollars per year.

Currently, Colombia and Panama face no tariff barriers on agricultural products entering the U.S. market. U.S. farmers on the other hand continue to face significant tariff barriers when exporting products to these two markets, on average 25 percent to 30 percent. Passage of the Colombia and Panama FPAs will eliminate the tariffs placed on U.S. products.

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