[Congressional Record Volume 151, Number 160 (Wednesday, December 14, 2005)]
[Senate]
[Pages S13563-S13564]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BAHRAIN FREE TRADE AGREEMENT
Mr. FEINGOLD. Mr. President, I oppose this agreement. It is more of
the same flawed trade model that has undermined the standards that our
firms operate under and has helped ship millions of jobs overseas. From
inadequate protections for workers, the environment, and public health
and safety, to lax rules of origin, this trade agreement continues the
appalling trade policies of the last decade and more.
We should be working to strengthen our ties with Bahrain and forge a
trade agreement that is sustainable and that will enhance the welfare
of consumers, businesses, and workers in both countries. This agreement
will not do that. Tragically, the record of this trade model has been
just the opposite.
My own State of Wisconsin has been hit especially hard by this trade
policy. Nor have our trading partners fared well under this flawed
trade model. Eleven years of NAFTA have lowered living standards in
Mexico, both for urban workers and in rural areas. As I have noted
before, Professor Riordan Roett of Johns Hopkins has noted that at
least 1.5 million Mexican farmers have lost their livelihoods under
NAFTA.
And while this agreement with Bahrain may not have the same
devastating impact that NAFTA has had
[[Page S13564]]
and that CAFTA will have, it is cut from the same cloth as those two
trade agreements. Certainly neither the United States nor Bahrain is
likely to benefit when the trade agreement's rules of origin provisions
invite gaming. As Robert Baugh, executive director of the AFL-CIO,
testified before the Senate Finance Committee, the provision permits
multinational corporations to manipulate production and purchasing ``to
ship goods made primarily in third countries through Bahrain for a
minimal transformation before entering the U.S. duty free. The rule of
origin fails to promote production and employment in the U.S. and
Bahrain, and it grants benefits to third-party countries that have
provided no reciprocal benefits under the agreement and that are not
subject to the agreement's minimal labor and environmental standards.''
Mr. President, Wisconsin has paid a heavy price for our trade policy
in recent years. Since 2000, Wisconsin has lost nearly 92,000
manufacturing jobs. NAFTA, the GATT, and Most Favored Nation treatment
for China have devastated local businesses and punished working
families, taking away family-supporting jobs, and offering lower paying
jobs, if any, in return. I regret that this trade agreement promises
more of the same. Instead of building on this failed model of trade, we
should scrap it and establish a new model of trade that is fair to
American businesses, workers, and farmers, as well as the small
businesses, workers and farmers of our trading partners.
____________________