U.S. Panama Trade Promotion Agreement (FTA) Goes Into Effect
Washington D.C. - Since its inception The Congressional Hispanic Leadership Institute (CHLI) has sought to highlight the importance of smart trade initiatives that benefit the United States and the emerging Latin America market as well. CHLI is proud to recognize trade initiates that promote sustainable growth in Latin America and encourage cooperation between Latin American countries and the United States.
On October 31, 2012 such an agreement came into effect. The U.S. - Panama Trade Promotion Agreement will eliminate tariffs and other trade barriers between these two nations, and will increase opportunities in Latin American and in our communities across the U.S.
CHLI Board Member, Congresswoman Ileana Ros-Lehtinen recognizes the importance of these types of trade initiatives and expressed her support. She stated, "The Free Trade Agreement with Panama (FTA) will create jobs in our South Florida community and grow our national and local economies. I am proud to have worked to approve the FTA's with Panama, Colombia, and South Korea because the lowering of tariffs on U.S. products will create more exports for our manufacturers. Free trade empowers our nation and those abroad and in doing so we help lift countless people out of poverty and into the middle class".
CHLI is proud to welcome Members of Congress who share our vision of economic development and the empowerment of Latin American countries and communities around the U.S. through trade initiatives that promote growth and welcome a robust business environment.
The Congressional Hispanic Leadership Institute (CHLI) is a 501(c)(3) nonprofit and non-partisan organization. CHLI's vision is Advancing the Hispanic Community's Diversity of Thought. CHLI is the premier organization founded by Members of Congress and Hispanic corporate executive leaders to advance the Hispanic community's economic progress with a focus on social responsibility and global competitiveness. The organization's leadership, domestic and international partners and staff prepare and promote Hispanic college students and professionals to be global leaders. Programs incorporate the intersections of academic excellence, public policy and global perspectives. For more information visit www.chli.org