[Congressional Record (Bound Edition), Volume 149 (2003), Part 2]
[House]
[Pages 2274-2275]
[From the U.S. Government Publishing Office, www.gpo.gov]




 NOTIFICATION TO CONGRESS OF INTENT TO ENTER INTO FREE TRADE AGREEMENT 
  WITH GOVERNMENT OF CHILE--MESSAGE FROM THE PRESIDENT OF THE UNITED 
                        STATES (H. DOC. NO. 30)

  The SPEAKER pro tempore laid before the House the following message 
from the President of the United States; which was read and, together 
with the accompanying papers, without objection, referred to the 
Committee on Ways and Means and ordered to be printed:

To the Congress of the United States:
  In accordance with sections 2103(a)(1) and 2105(a)(1) of the Trade 
Act of 2002 (the ``Trade Act''), I am pleased to notify the Congress of 
my intent to enter into a Free Trade Agreement (FTA) with the 
Government of Chile.
  The Agreement we have negotiated promotes our commitment to secure a 
level playing field and to open new opportunities for America's 
workers, farmers, businesses, and consumers in global trade. The United 
States is a part to only three out of more than 200 existing FTAs, 
leaving Americans at a competitive disadvantage in many markets. With 
the enactment of Trade Promotion Authority; the completion of this 
Agreement; ongoing global, regional, and bilateral trade negotiations; 
and the continued support of the Congress, the United States is 
reasserting leadership in world trade.
  United States leadership in promoting trade liberalization advances 
our national interests. Free trade promotes our values by encouraging 
openness, the rule of law, and respect for private property. It builds 
global prosperity and strengthens security. Free trade employs the 
power of markets to meet the needs of the poor and has helped lift 
millions of people out of poverty by putting them on the path to 
prosperity. In the extended campaign against terrorism, free trade can 
be an economic ally. By helping to create opportunity and hope in 
poorer societies, open trade counters those who would destroy rather 
than create.
  Securing open access to markets abroad is vital to the strength and 
continued growth of the U.S. economy. In the previous decade, exports 
accounted for 25 percent of our growth and currently support the jobs 
of more than 12 million Americans. In 2001, two-way trade of all goods 
and services between the United States and Chile totaled $8.5 billion. 
This Agreement will approve opportunities for U.S. exports, growth, and 
investment, while also providing increased opportunities for the people 
of Chile.
  In this Agreement, the vast majority of U.S. and Chilean goods will 
become duty-free immediately. Most remaining tariffs will be eliminated 
within 4 years and all tariffs and quotes will be eliminated over a 12-
year period. Over three-quarters of U.S. farm goods will enter Chile 
duty-free within 4 years.
  The United States is a global leader in services. This Agreement 
locks in substantial market access across the entire services sector.
  Fair treatment of U.S. goods and services is important to increasing 
market access. This Agreement has, among other provisions, specific and 
groundbreaking customs procedures and transparency requirements that 
will promote efficiency and fairness. It also establishes a secure and 
predictable legal framework for U.S. investors operating in Chile.
  This is an agreement for the economy of the 21st century. Inventors, 
performers, authors, and creative enterprises in the United States and 
Chile will benefit from enhanced copyright, patent trademarks, trade 
secret, and other intellectual property rights protection. The 
Agreement also contains state-of-the-art protections for digital 
products and electronic commerce.
  My Administration is committed to moving forward on multiple fronts 
to advance environmental protection and worker rights in a credible and 
responsible manner. This Agreement meets the labor and environmental 
objectives

[[Page 2275]]

provided by the Congress in the Trade Act.
  In sum, free trade is a fundamental source of America's economic 
vitality. This Agreement will benefit the U.S. economy through both 
higher-paying jobs created by exporters and lower prices paid by 
consumers. It will strengthen U.S. ties with a valued economic partner 
and promote America's political and security interests in an important 
region.
  As called for by the Trade Act, I am sending this notification at 
least 90 days in advance of signing the U.S.-Chile FTA. My 
Administration looks forward to working with the Congress to develop 
appropriate legislation to approve and implement this Free Trade 
Agreement.
                                                      George W. Bush.  
The White House, January 29, 2003.

                          ____________________