The American Meat Institute, along with more than 50 other food/feed agricultural organizations is urging Congress to strongly support President Obama’s pledge to double U.S. exports within five years as a way to create millions of new jobs in the United States.
In an effort to reach this five-year objective, the organizations are urging Congress to move quickly to ensure the prompt passage of the pending free trade agreements with Colombia, Panama and South Korea.
“International trade is critically important to the farmers, ranchers, food processors and exporters that our organizations represent. Exports of the goods we produce generate over 8,000 U.S. jobs for every billion dollars we ship overseas. The economic benefits flow not only to rural communities but also to people working in transportation, processing and at our ports,” the organizations state in a letter to House and Senate leaders.
“It is critically important to our industries that Congress heed the President’s call to aggressively expand market access opportunities, as our competitors are doing. The president focused on the need to create new jobs. But if our best markets are lost to our competitors, U.S. jobs will be lost not gained,” the letter states.
The organizations note that the World Trade Organization estimates that there will be more than 600 bilateral or regional trade agreements in place by 2010.