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USAgNet – Tuesday – September 25, 2007

 Group Urges House Committee To Block Peru Free Trade Agreement

The U.S. House of Representatives' Ways and Means Committee on Tuesday will run through a mock markup of the legislation that will implement the Peru Free Trade Agreement. The Senate Finance Committee held its mock markup last week.

R-CALF USA urges the Committee to follow the lead of several of their colleagues and oppose implementation of the Peru FTA.

"Regrettably, this particular agreement that Congress is about to consider raises serious concerns for independent U.S. cattle producers," said R-CALF USA Trade Committee Chair Eric Nelson. "Last October, a bipartisan group of Representatives from major cattle-producing states alerted the U.S. Trade Representative to these concerns in a formal letter, yet the Peru FTA remains unchanged in these crucial areas."

Another concern to R-CALF members is the fact that the weak rules of origin in the Peru FTA would allow beef produced from cattle transshipped into Peru from other South American countries to unfairly gain access to the U.S. market under this FTA’s preferential market access terms.

Under the FTA, Peru granted immediate duty-free access to imports of high quality beef cuts from the U.S., with a 12-year phase-out on tariffs on most other imports, and a 10,000 MT quota on offal exports that increases by 6 percent a year.

 http://www.wisconsinagconnection.com/story-national.php?Id=2261&yr=2007

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