WASHINGTON — Grocery Manufacturers Association here on Friday said it applauded President Obama for signing into law free trade agreements with Colombia, Panama and South Korea.
"The FTAs will be critically important to increasing the exports of U.S. Food and consumer products to these growing markets," said Pamela G. Bailey, president and chief executive officer, GMA. "By creating a level playing field, the FTAs with South Korea, Panama and Colombia will increase our competitiveness in these countries and help the food, beverage and CPG industry innovate, expand and create new jobs."
The European Union's trade agreement with South Korea went into effect July 1, and a trade agreement between Colombia and Canada became effective Aug. 15, she pointed out.
