[Congressional Record Volume 166, Number 133 (Tuesday, July 28, 2020)]
[Senate]
[Page S4515]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WORLD TRADE ORGANIZATION
Mr. GRASSLEY. Madam President, I want to talk about the World Trade
Organization. I have said what I am going to say now before. So I want
to say it again: The United States must reaffirm its commitment to
significant reform of the World Trade Organization. The United States
must move to revitalize that organization because the World Trade
Organization advances the cause of free and fair global trade, and they
necessarily do it because of the modern economy we are in.
It is imperative that we continue to double down on the efforts that
demonstrate the United States' leadership at Geneva, the headquarters
of the World Trade Organization. That includes our efforts to reform
the World Trade Organization appellate body, to work on subsidies that
too many countries are using, and to continue ongoing negotiations to
accomplish these goals.
The World Trade Organization can and should play an important role in
the global economic recovery from our virus pandemic. I urge the
administration and my colleagues here in the Senate to advocate for our
interests. I urge the Trump administration to confront trade
distortions, and most importantly, this administration must encourage
all World Trade Organization members to unite in an effort to lift us
out of the nearly unprecedented global downturn we have had in trade
because of the virus pandemic.
I yield the floor
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