[Congressional Record Volume 147, Number 148 (Wednesday, October 31, 2001)]
[House]
[Page H7535]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICAN AGRICULTURE NEEDS TRADE PROMOTION AUTHORITY
(Mr. CALVERT asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. CALVERT. Mr. Speaker, American agriculture needs trade promotion
authority. Without granting the President the authority to negotiate
preferential trade agreements, this industry is guaranteed to face dark
days. Ninety-six percent of agricultural growers' potential market is
outside of the United States. It is a business there for taking, but if
we do not give our farmers and ranchers the tools they need to compete
in the world market, other countries will gladly fill the gap.
Today, of the 133 preferential trade agreements worldwide, the U.S.
participates in only two. Compare that to the European Union, who
participates in 27. Furthermore, the European Union also outspends us
almost four to one on subsidies. Granting Presidential trade authority
is our only weapon of combat on the uneven playing field of world
agriculture.
We cannot continue to stand idly by while other nations improve
trading opportunities for themselves. Our agriculture industry is the
most productive in the world. It is an honor and status that should be
rewarded, and the best reward we can give our agricultural growers for
their efforts, and to keep our country prosperous, is to pass trade
promotion authority.
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