Posts filed under ‘Colombia’

Northern Kentucky Chamber Applauds Approval of Free Trade Agreements

FT. MITCHELL, Thursday, October 13, 2011 – The Northern Kentucky Chamber of Commerce welcomes the approval by the House and Senate of the U.S. Free Trade Agreements (FTAs) with Colombia, Panama and South Korea. This concerted effort will ensure that the United States continues to gain access to world markets and because Northern Kentucky represents twenty-five percent of Kentucky’s foreign trade, the newly approved FTAs have the potential to positively impact local commerce and employment.

“We are pleased to witness a bipartisan support for trade by Congress,” states Daniele Longo, VP Business Growth, Healthcare Solutions and International Affairs at the Northern Kentucky Chamber of Commerce. “These agreements will open new strategic markets for more exports from Kentucky and the Greater Cincinnati region, supporting jobs and generating tax revenues for our communities.”

The Northern Kentucky Chamber of Commerce and a broad-based coalition of supporters have been urging congressional consideration of these agreements for several years. The U.S. International Trade Commission reports that these agreements could increase U.S. exports by at least $13 billion and U.S. GDP by at least $10 billion. The USITC estimates that these agreements are expected to create a total of 250,000 new American jobs.

“We applaud the efforts of the Greater Northern Kentucky and Cincinnati regional congressional delegation for their support of the FTA’s,” said Brent Cooper, Chair of the Northern Kentucky Chamber’s Board. “Their support is much appreciated by local businesses and will further enhance our region’s ability to compete in the global marketplace.”

“This Chamber has always been proactive in educating and helping its members and communities on the advantages the new global economy brings,” said Steve Stevens, President of the Northern Kentucky Chamber of Commerce. “As a matter of fact, last year we hosted ten foreign delegations including the Ambassadors and trade officers of Panama and South Korea and we hope that our efforts to build relationships with these dignitaries will strengthen potential trade opportunities for our region in the near future.”

October 14, 2011 at 8:18 am

Senate approves GSP bill

The U.S. Senate Thursday voted 70-27 to renew the Generalized System of Preferences and Trade Adjustment Assistance programs that had expired within the past year.

The trade package now heads to the House for final approval and opens the door for trade agreements with Colombia, Panama and Korea to be considered.

Read more

American Shipper Sept. 23, 2011

September 27, 2011 at 11:50 am

Colombia Trade Deal Loses Key Support

The top Democrat on a key House trade panel whipped up a new furor over three stalled trade deals Monday when he said he wouldn’t support a pact with Colombia if the White House and Republicans refuse to include references to pro-labor provisions negotiated by the Obama administration.

The move by Rep. Sander Levin (D., Mich.), the ranking member of the House Ways and Means committee, appeared late Monday to have rallied skeptical Democrats against the Colombia pact. Reps. George Miller (D., Calif.) and James McGovern (D., Mass.) issued a statement also condemning the administration’s stance on the Colombia bill.  Read more.

E. Williamson, Wallstreet Journal, JUNE 28, 2011

July 7, 2011 at 7:00 am

Legislation to Implement Canada-Colombia Free Trade Agreement Receives Royal Assent

The Honourable Peter Van Loan, Minister of International Trade, today announced that legislation to implement Canada’s free trade agreement with Colombia has received Royal Assent.

“I’m pleased that this free trade agreement with Colombia, a key market in South America, is now law in Canada,” said Minister Van Loan. “The agreement demonstrates our government’s commitment to an ambitious free trade agenda. The agreement will benefit Canada’s producers and exporters, reduce or eliminate tariffs on nearly all current Canadian exports, and provide a more predictable, transparent and rules-based trading environment for Canadian investors.”

The Canada-Colombia free trade legislation includes parallel agreements on labour cooperation and the environment. Under these agreements, Canada and Colombia agree to respect internationally recognized labour standards and principles, and to pursue high levels of environmental protection as the two countries intensify their commercial relationship.

Source: Canada News Center, Government of Canada

July 7, 2010 at 8:00 am

Donohue’s Bogotá Speech Calls for Continued Action on Colombia Trade Agreement

U.S. Chamber President Says Burden Rests on Congress

Bogotá, Colombia-In a speech today before the Colombian-American Chamber of Commerce in Bogotá, U.S. Chamber of Commerce President and CEO Thomas J. Donohue applauded Colombia as a vital trading partner and urged its political and business leaders to continue to press the U.S. Congress for action on the U.S.-Colombia Trade Promotion Agreement.

“Let me be very clear – the burden now rests on the Congress of the United States, on the government of the United States and on the people of the United States to pass this agreement,” Donohue said. “Every day of delay hurts American workers, hurts American companies, hurts American farmers – and it hurts Colombia too.”

Referencing the success of previous trade agreements, Donohue urged business leaders in Colombia to press the U.S. Congress for action on the agreement through increased lobbying visits to Washington. He also warned them to prepare for the baseless verbal attacks that their country will face as the agreement moves forward.

“Despite many distractions, let’s keep our eyes on the prize,” he said. “Do the hard work of getting ready, educating members of Congress about Colombia, and building support for the agreement.”

While in Colombia, Donohue met with President Álvaro Uribe and U.S. Ambassador William Brownfield. Beyond the trade agreement, he highlighted the Chamber’s support for an expedited, global economic recovery by supporting extraordinary action from Congress and the Federal Reserve, fighting protectionism and strengthening intellectual property protection.

Source: U.S. Chamber of Commerce, Western Hemisphere, Press Release, June 1, 2009

June 3, 2009 at 9:23 am

s Colombia the new Ireland?

Learn about the transofrmation happening in Colombia at the following link

March 24, 2008 at 7:13 pm

Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

RSS Northern Kentucky Chamber – Calendar

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