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1996 News Archive
FAST-TRACK NEGOTIATING AUTHORITY FOR TRADE
"NCBA urges the administration to include strong language in fast- track legislation that provides for consultation with agriculture and to focus on gaining access to international beef markets: eliminating non- tariff trade barriers, reducing existing tariffs and negotiating sanitary and phytosanitary agreements based on science.
"While the U.S. has been sitting on the sidelines due to lack of negotiating authority, Canada has negotiated trade agreements with Chile and China; the EU has been very aggressive in developing trade agreements in Latin America; and other competitors, including Australia and New Zealand, have gained special trading concessions. "The international market is the future growth market for U.S. agricultural products, especially beef. During 1996, beef exports accounted for more than seven percent of total U.S. production and more than 12 percent of beef's wholesale value. The value of beef and beef variety meat exports totaled $3.05 billion with a trade surplus of nearly $1.3 billion. As tariffs and non-tariff barriers are eliminated in other countries, the U.S. beef industry will benefit, because it has more access to gain than it has to give. "Without congressional approval of fast-track negotiating authority, reducing barriers in existing markets and gaining access to new markets will not be possible. Fast-track negotiating authority allows the administration to negotiate a trade agreement without congressional modification. Congress can either vote to approve or disapprove the agreement once it has been negotiated -- fast track in no way guarantees that an agreement will be approved. Fast track simply eliminates congressional ability to amend trade agreements and to slow their approval. Trading partners are not willing to negotiate with the U.S. unless they are negotiating under fast track, because without it, the negotiating partners have no way of knowing to what they are agreeing. NCBA supports fast-track negotiating authority." Initiated in 1898, the National Cattlemen's Beef Association is the marketing organization and trade association for America's one million cattle farmers and ranchers. With offices in Denver, Chicago and Washington D.C., NCBA is a consumer-focused, producer-directed organization representing the largest segment of the nation's food and fiber industry. -- NCBA --
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