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"Exports Aid Job Creation Here at Home"

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July 25, 2011

Journal Gazette

By Sen. Richard Lugar (R-IN) and Danita Rodibaugh, Chair-elect, U.S. Meat Export Federation

Free trade agreements with Panama, Colombia and South Korea have been languishing for years. The delay in implementing these agreements already has resulted in significant loss of U.S. market share in those key foreign markets. China, the European Union and other competitors have been working aggressively to secure trade and investment partners while the United States has stalled… These three free trade agreements offer great potential to expand U.S. exports. In its recent analyses, the Department of Agriculture estimated that these three agreements would increase U.S. agricultural exports by $46 million, $371 million and $1.9 billion, respectively, per year after full implementation.