Thursday, July 28

FPA Applauds Passage by the House of Representatives of CAFTA-DR

From Hispanic Business:
WASHINGTON, July 28 /PRNewswire/ -- Commenting on the passage by the U.S. House of Representatives of the Free Trade Agreement with Central America and the Dominican Republic (CAFTA-DR), Cal Dooley, President and CEO of the Food Products Association (FPA), made the following remarks:

"The Food Products Association applauds the House for approving CAFTA-DR. This historic Agreement will provide new market opportunities for U.S. agricultural products, including processed foods and beverages. The countries in the CAFTA-DR region are truly a ready-made market for our country's food exports.

"In addition to the positive economic benefits of CAFTA-DR for the U.S. food products industry, the agreement also establishes a forum for addressing technical and sanitary concerns, which will help ensure the safety of food products in international trade. Moreover, CAFTA-DR will foster economic stability and regional cooperation.

"FPA has actively worked for passage of CAFTA-DR. For our industry, global trade is an essential part of doing business and as the largest trade association serving the processed food and beverage industry in the United States and worldwide, we will continue to help foster an environment, both domestically and abroad, that facilitates trade for processed food and beverage products.