[Congressional Record Volume 146, Number 54 (Thursday, May 4, 2000)]
[House]
[Page H2599]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TRADE AGREEMENTS
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Washington (Mr. Smith of Washington) is recognized for 5
minutes.
Mr. SMITH of Washington. Mr. Speaker, trade has become an issue that
is very divisive in this country, and I rise today as a Democrat and a
member of the New Democratic Coalition to urge this body to remember
the importance of expanding access to overseas market, the importance
of trade to the growth of this Nation.
I do that mindful of some of the protests that have been out there
about our global trade policy and even somewhat in support of some of
the complaints that people have said about trade policy.
I think it is absolutely correct to look around the world and say
what can we do to help improve human rights, to help improve labor
standards, to help make sure that the entire globe protects the
environment. And I think these issues need to be brought up more often
in international discussions, not just involving trade, but in all
discussions with other countries.
Mr. Speaker, what can we do to help improve those things? I rise
today just to remind people that even though those issues are
important, we cannot forget the importance of open markets. It starts
with the simple fact that 96 percent of the people in the world live
someplace other than the United States of America, while at the same
time, here in the U.S., we manage to account for 20 percent of the
world's consumption.
If we are going to grow economically, if we are going to create more
jobs, those statistics make it abundantly clear that we are going to
have to get access to some of those other 96 percent of the people in
the world.
We need to get access to their markets. We need to reduce barriers,
open access to trade to help grow the economy. And I do not think
people understand completely the benefits that trade have brought and
the role they have played in the strong economy that we now enjoy.
I just think that while we are working to improve labor conditions,
working to improve human rights and environment, we can also open up
other markets to our trade. And the best example of this, and I support
the comments of the gentleman from California (Mr. Dooley), my
colleague who came before me, is the China PNTR trade agreement.
All of the concerns we have heard about trade in previous agreements,
a lot of them focus on the fact that it is a one-sided trade agreement.
We open our markets, but other countries do not open theirs. This is
actually the first trade agreement that goes the other way. China opens
their markets by reducing their barriers across the board in a wide
variety of goods and services that will increase our access to the
single largest market in the world, 1.3 billion people.
This is a great trade agreement that actually will help us here in
the U.S., and we need to recognize it for that. We also need to
recognize how engagement helps move us forward.
Mr. Speaker, turning down PNTR for China will not do one thing to
improve human rights, labor conditions or environmental standards in
China. In fact, if you listen to the human rights activists over there,
and if you listened to people over in that corner of the world,
isolating China will send them in exactly the opposite direction.
Taiwan, in particular, we have heard a lot about how we cannot
support this agreement, because of how bad China has treated Taiwan;
and I agree that there have been many bad actions by China towards
Taiwan. The Taiwanese, the recently elected president, an outspoken
advocate for independence for Taiwan, someone who has run against China
many, many times strongly supports the U.S. favoring PNTR for China,
because he understands that engagement is the policy that will best
protect him from Chinese aggression if they choose to go that route.
He wants China to be connected to the rest of the world so that they
cannot afford to act in a way that forces the rest of the world to back
away from them. So you can have a good trade agreement and also improve
human rights, labor conditions, and the environment; but this argument
goes beyond the specifics of the China Trade Agreement, even though I
think it will be a watershed moment in this country to see whether or
not we are going to go forward and embrace engagement and embrace
overseas markets or drift back into a dangerous isolation that could
push us into a bipolar world.
It is a basic philosophy of whether or not opening markets is open
and beneficial. I think there is a lot of statistics out there that
show that access to trade helps improve the economy across the board.
This is not an isolated few who benefit from it. When we have an
economy with 4 percent unemployment, 2 percent inflation, and growth as
high as 6 or 7 percent, that benefits everybody in this country.
Mr. Speaker, we cannot lose sight of the importance of opening
overseas markets to our goods. And it goes beyond economics. It is also
a matter of national security. We should be concerned about the rest of
the world, whether or not countries like Vietnam, Sub-Saharan Africa,
other countries in the Third World grow and prosper. If they do not
have access to our markets, their people will never be able to rise out
of poverty. They will never be able to generate the type of economy
that they need in order to have any level of prosperity whatsoever.
This is important for two reasons. One, if we can grow a vibrant
middle class in places like Sub-Saharan Africa and beyond, they are in
a position to buy our stuff and help our economy grow as well. If they
are in poverty, we cannot get access to those markets because there is
no one to buy.
Beyond economics, it is also important to keep the peace. If
countries are impoverished, that is what leads to revolution and war.
We have to help them grow up so that we can keep peace and stability in
the world. Trade is important. Labor, human rights, environment,
absolutely important. But let us not forget the importance of opening
our markets for global stability and for a strong economy in the U.S.
____________________