panama

The U.S.-Panama Trade Promotion Agreement now awaiting Congressional action promises to boost U.S. exports to the nation known as “The Crossroads of the Americas.” In total, Congressional ratification of the Panama, Colombia and South Korea trade agreements will help farmers and ranchers add more than $2.3 billion a year to the American economy, which will support nearly 20,000 jobs. In Panama, USDA is hard at work cultivating consumers’ tastes for high-quality U.S. food and agricultural products at events such as last month’s “Panama Gastronomica,” an international food show in Panama City.

This week, Congress will begin to take a look at important jobs legislation: new trade agreements with South Korea, Colombia and Panama and trade adjustment assistance to help train workers for the 21^st century economy.  These agreements will help create jobs and provide new income opportunities for our nation’s agricultural producers, small businesses, and rural communities.

Today, farm exports help support more than 1 million American jobs.  Passage of these three agreements will infuse the American economy with an additional $2.3 billion in farm exports, supporting 20,000 American jobs. In fact, our nation’s economic output is estimated to grow more under the Korea agreement alone than from our last nine trade agreements combined.

When I go to the grocery store or visit my local farmers market, on the top of my shopping list are healthy foods like fresh fruits and vegetables, dried fruits, and nuts. I know that these items, part of a larger agricultural group classified as specialty crops, are a critical component of maintaining a healthy diet and that it is important for me to include them in my family’s meals. Making sure that all Americans have access to healthy foods like specialty crops is a priority for me and for the USDA.

As Agriculture Secretary Vilsack said today during a national media call, Congress must now take action on an important part of President Obama's jobs agenda: new trade agreements with Colombia, Panama and South Korea and trade adjustment assistance to help train workers for the 21st century economy. When approved, these agreements will clear the way for new American exports around the world, help create jobs and provide new income opportunities for our nation's agricultural producers, small businesses, and rural communities.

What these three agreements come down to is opportunity. For American agriculture, passage of these agreements means over $2.3 billion in additional exports, supporting nearly 20,000 jobs here at home.