Text: SR00051 Text: SR00053 Text: SR00000 - SR00099 Text: SR Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 SENATE RESOLUTION NO. ___ 1 2 BY COMMITTEE ON RULES AND ADMINISTRATION 1 3 A Resolution urging the Iowa congressional delegation 1 4 to support and work to implement the renewal of the 1 5 trade promotion authority of the President of the 1 6 United States. 1 7 WHEREAS, since 1974, Presidents of the United 1 8 States used trade promotion authority, formerly known 1 9 as fast track authority, to negotiate trade agreements 1 10 that reduced barriers to American exports in foreign 1 11 markets; and 1 12 WHEREAS, the President of the United States has 1 13 been without trade promotion authority since 1994; and 1 14 WHEREAS, it is increasingly difficult for the 1 15 United States to actively participate in the 1 16 international trade arena; and 1 17 WHEREAS, of the current 130 multilateral trade 1 18 agreements in the world, most of which were signed 1 19 since 1990, the United States is party to only two, 1 20 the European Union is party to 27, and Mexico is party 1 21 to 28; and 1 22 WHEREAS, under trade promotion authority, trade 1 23 agreements are submitted to Congress for approval or 1 24 disapproval under rules barring committee or floor 1 25 amendments; and 1 26 WHEREAS, trade promotion authority does not give 1 27 the President of the United States a blank check to 1 28 negotiate trade agreements, nor does it undermine the 1 29 constitutional prerogatives of Congress; and 1 30 WHEREAS, if the President of the United States 2 1 cannot wield trade promotion authority, no country 2 2 will initiate serious trade negotiations with the 2 3 United States; and 2 4 WHEREAS, trade promotion authority guarantees that 2 5 trade accords negotiated in good faith with the 2 6 President of the United States will not be changed 2 7 later by Congress; and 2 8 WHEREAS, the free trade agreements achieved under 2 9 trade promotion authority have provided tangible 2 10 benefits for the American economy; and 2 11 WHEREAS, trade is vitally important to Iowa's 2 12 agricultural economy and Iowa family farmers as Iowa 2 13 sold $3.2 billion of agricultural products to export 2 14 markets in 1999, about 30 percent of the total value 2 15 of Iowa's agricultural production; NOW THEREFORE, 2 16 BE IT RESOLVED BY THE SENATE, That the Iowa 2 17 congressional delegation is urged to support and work 2 18 to implement renewal of the trade promotion authority 2 19 of the President of the United States; and 2 20 BE IT FURTHER RESOLVED, That official copies of 2 21 this Resolution be sent to the members of the Iowa 2 22 congressional delegation. 2 23 LSB 3755SV 79 2 24 tm/pj/5
Text: SR00051 Text: SR00053 Text: SR00000 - SR00099 Text: SR Index Bills and Amendments: General Index Bill History: General Index
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