Statement Regarding Senate's Passage of Trade Promotion Authority Legislation
Statement by Joel G. Newman,
President and CEO,
American Feed Industry Association,
Regarding Senate's Passage of
Trade Promotion Authority Legislation
May 22, 2015
"The American Feed Industry Association applauds the Senate's passage today of trade promotion authority legislation. AFIA strongly urges the House to follow and approve TPA as soon as possible.
“The passage of a sound TPA bill is increasingly important to AFIA and the U.S. feed industry as U.S. Trade Representative negotiators near conclusion of discussions of the Trans-Pacific Partnership (TPP). At the same time, the U.S. continues to dig deeper into current negotiations with the EU on the Transatlantic Trade & Investment Partnership (T-TIP). These two trade agreements represent great potential benefits to the industry.
“TPP and T-TIP provide incredible growth possibilities through increased exports of animal feed and feed ingredients, as well as increased overseas sales of U.S. livestock, poultry and dairy products. Without enactment of TPA, U.S. negotiators will continue to lack the ability and leverage needed to negotiate successful free trade agreements.”