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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