Business Roundtable Applauds Senate Action on DR-CAFTA

WASHINGTON, DC - Business Roundtable President John J. Castellani today praised the Senate Finance Committee's action on the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA):

"The Finance Committee's approval of the DR-CAFTA draft implementation language is a major step toward passing the agreement in Congress.

"Today's successful mock mark-up in the Senate Finance Committee shows the growing support for DR-CAFTA in Congress. We are one giant step closer to passing DR-CAFTA and creating tremendous opportunities for U.S. farmers, workers and businesses.

"Business Roundtable is committed to ensuring that DR-CAFTA is approved by Congress, and has engaged in a massive advocacy effort in support of this agreement. Today's action shows that these efforts are paying off.

"DR-CAFTA is a true win-win for the U.S. economy. By eliminating barriers to the Central American market, this agreement will allow businesses and farmers to sell goods to a growing market in our backyard, helping to create jobs and grow the economy."

The House Committee on Ways and Means is scheduled to hold its mock mark-up tomorrow, June 15.

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Business Roundtable (www.businessroundtable.org) is an association of chief executive officers of leading corporations with a combined workforce of more than 10 million employees and $4 trillion in annual revenues. The chief executives are committed to advocating public policies that foster vigorous economic growth, a dynamic global economy, and a well-trained and productive U.S. workforce essential for future competitiveness.

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