Grassley Presses Administration to Move Forward on Trade Agreements

Press Release

Senator Chuck Grassley in a letter to President Barack Obama yesterday pressed for action on three pending trade agreements with Colombia, Panama and South Korea.

Grassley said that he was encouraged to hear the positive remarks in last week's State of the Union speech, but hopes the President's actions meet his rhetoric.

"Increasing international trade is key to economic recovery and job creation," Grassley said. "The rest of the world is moving forward, at the expense of America's workforce. It's time for the United States to get off the sidelines and start making international trade a priority.

Grassley noted that the Colombia Trade Promotion Agreement, once fully implemented could provide $910 million in gains each year for U.S. agriculture, and the potential benefits for Korea could be $1.6 billion for agriculture.

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