[Congressional Record Volume 149, Number 109 (Tuesday, July 22, 2003)]
[House]
[Page H7235]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE U.S.-CHILE FREE TRADE AGREEMENT
(Mrs. BIGGERT asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Mrs. BIGGERT. Mr. Speaker, over the last 6 years, the United States
has lost nearly one-third of its share of Chile's import market.
Not coincidentally, the plunge occurred while other nations were
implementing their own free trade agreements with Chile and getting
market share there. Since the early 1990s, Chile signed free trade
agreements with Canada, Mexico and the four nations of MERCOSUR. And
earlier this year, implementation of the European Union-Chile's FTA led
to an immediate surge in exports to Chile from European firms in direct
competition with U.S. firms.
The lost Chilean sales not only cost the United States its long-time
ranking as the top exporting Nation to Chile, it also cost U.S.
businesses and workers thousands of higher-paying, export-related jobs.
U.S. businesses have the expertise and the resources to compete
globally, if they are allowed to do so on equal terms with our
competitors.
It is time to pass the U.S.-Chile free trade agreement and give our
companies the opportunity they need to stay competitive in Chile.
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