UPS supports movement of trade deals by Congress

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UPS on Thursday, June 30, applauded the White House and congressional leaders for pushing for votes, starting with Thursday’s Senate Finance Committee hearing, on three long-delayed free trade agreements and reaching a compromise on the Trade Adjustment Assistance program.

“Robust trade will help our economy move forward faster than any other vehicle and create new opportunities for American businesses to grow and add employees,” says Scott Davis, UPS chairman and chief executive officer. “Yesterday, I met with government, civic and business leaders from around the country at the Clinton Global Initiative America Meeting, and I can tell you that passing the trade deals with South Korea, Colombia and Panama was at the top of the agenda for us.”

Davis says that with the EU-South Korea and the Canada-Colombia trade agreements both coming online this summer, it is imperative that the United States pass its own trade pacts if the country wants to stay at the top in global competiveness and provide opportunities for American businesses to thrive.

“As we begin to dig out of a recession, American businesses need every advantage,” Davis says. “We urge Congress and the administration to do what is best for the country by now moving both the trade agreements and TAA over the finish line.”