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Hagan Cosponsors Bill to Change International Trade Procedures PDF Print
Written by Adam Hicks   
Monday, 12 October 2009 10:04

Senator Kay Hagan cosponsored a bill late last week that would require other contries to remove barriers to their markets before allowing those countries to sell their products in America.

 

Hagan said she believes the bill would add reforms to the trade process, which in turn would bring more jobs to North Carolina.

In a released statement, Hagan said, “As we continue to work our way out of the worst economic crisis since the Great Depression, we must give North Carolina’s businesses and manufacturers the ability to provide their goods and services to foreign markets.  In the past, North Carolina companies have faced significant barriers when trying to access these markets, and this bill goes a long way toward exposing those barriers. North Carolina companies deserve equal footing with our trading partners. Improved foreign market access will help North Carolina companies preserve and create jobs across the state.”

Hagan explained that U.S. industries face significant barriers to key global markets and that these barriers deny U.S. manufacturers current and future export opportunities.

Hagan said, Corning, which is a computer fiber manufacturer with locations in Catawba County, is one of several businesses having difficulty expanding into foreign markets.

 

  
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