Madam Speaker, I yield myself such time as I may consume. I want to make a number of points, but first to join with the chairman of the committee. We have worked hard on this legislation on a bipartisan basis, and also with the Senate. I…
Madam Speaker, I yield myself such time as I may consume.
I want to make a number of points, but first to join with the chairman of
the committee. We have worked hard on this legislation on a bipartisan basis, and also with the Senate.
I think these are the important points, if I might say so. First of all, I urge that we take each trade agreement very much on its own, maybe not completely looking at other agreements but assessing the merits of each particular agreement. And when you look at this agreement on its merits, it's clear, I urge, we should be supportive.
If you look at the flow of trade that will be enhanced by this legislation, it's clear that it will be beneficial to our country. The major exports from our country to Russia are machinery, motor vehicles, and aircraft. These are products made in America by American companies and by American workers. So essentially, this will enhance our ability. Russia, in terms of taking this on its own, is already in the WTO, and the question is whether we will be able to access their markets.
The next point: there is also a question of enforcement. Trade agreements by themselves will not be enough. There has to be built in strong enforcement and a willingness to enforce. And this agreement, with the help of colleagues, some of whom will be here to speak today, this agreement has strengthened enforcement provisions. Those were worked out with the Senate, and I want to thank the Senators for working with us. So there is within this agreement not only a guarantee of more flow, but also a guarantee that we have access to the instrumentalities so that we can hold Russia's feet to the fire, if I might say so, in terms of their meeting their obligations.
The next point is this: we've been working on trade issues for a long time. For some of us, trade is more than the flow of goods; it's the structure within which the flow occurs and looking at the benefits of that flow so that we're sure that the impact is a positive one for our businesses and our workers.
Also, it's important to remember that the rule of law in another country is vital, otherwise investment is perilous. The Magnitsky legislation was added here in part in recognition that when you talk about trade, you have to look at a fuller picture. And I want to salute, if I might say so, especially Jim McGovern for his work on this issue. And I also want to thank Mr. Camp, our chairman. I also want to thank those in the Senate for working with us to make sure that this is in this bill, the chair of our Foreign Relations Committee, and also especially Mr. Cardin, who once served on our committee and is now in the Senate and has made this a dedicated effort on his part.
This is a bipartisan effort. I hope that it will set the stage for a successful effort to deal with trade issues now and beyond on a bipartisan basis.
I reserve the balance of my time.
I now yield 3 minutes to the gentleman from the great State of Washington (Mr. McDermott), the ranking member on Trade.
(Mr. McDERMOTT asked and was given permission to revise and extend his remarks.)
I now yield 9 minutes to the gentleman from Maine (Mr. Michaud) for a colloquy, a gentleman who has worked so hard on trade issues.
I thank the gentleman for yielding.
I very much agree with my colleague from Maine that it's vital to monitor and fully enforce our trade agreements, and I will work with USTR to keep you and other Members of Congress informed when Russia has not fulfilled its commitment, regardless of whether or not the administration has taken formal notice.
As my colleague knows, today's legislation includes reporting requirements on all of Russia's commitments they made prior to joining the WTO, including the reduction of tariffs and other commitments related to manufacturing sectors. I will work with my colleague to make certain that USTR's reports include an evaluation of Russia's manufacturing-related commitments.
I very much agree with you that we must enforce our trading partners' commitments so that our American workers can compete on a level playing field, and I really believe that Mr. Camp, our chairman, and others concur in that. I, too, have been concerned about the effect China's trade relations have had on the U.S. economy.
I will work with you to monitor Russia's compliance and to ensure that U.S. manufacturers get the full benefits of Russia's WTO membership, and I can assure you we will continue to work together to address China's violations as well. This administration has been active in that regard.
As for section 301, I wish to note that I and the ranking member on our Trade Subcommittee, Mr. McDermott, exchanged letters with the U.S. trade rep in July, confirming our rights to request action under section 301. Under section 301, USTR is required to respond to our requests within a fixed timeline. That exchange of letters has already been incorporated into the legislative history of the bill before us today.
I want to thank you, Mr. Michaud, for your arduous efforts.
I reserve the balance of my time.
I yield 2 minutes to another Member who's been so active on trade policy, the gentleman from Massachusetts (Mr. Neal).
It is now my pleasure to yield 2 minutes to a gentleman who has served so long with distinction on our committee, the gentleman from New York (Mr. Rangel).
(Mr. RANGEL asked and was given permission to revise and extend his remarks.)
Madam Speaker, I now yield 1\1/2\ minutes to another member of our committee from the great State of Oregon (Mr. Blumenauer), who is so active on trade issues.
I now yield 1\1/2\ minutes to another active member of our committee on trade and every issue that comes before us, the gentleman from Wisconsin (Mr. Kind).
I yield the gentleman an additional 30 seconds.
Madam Speaker, could you verify how much time there is on both sides.
Mr. Chairman, I think I'll proceed.
It's now my pleasure to yield 1\1/2\ minutes to the gentleman from New Jersey (Mr. Pascrell), another vigorous member of our committee on all issues. We wish your State the best, by the way.
I yield the gentleman an additional 10 seconds.
I yield 3 minutes to the distinguished gentleman from Oregon (Mr. DeFazio), with his passion on all issues.
It is now my pleasure to yield 1 minute to the gentleman from Virginia who is deeply involved in trade issues, Mr. Moran.
It is now my pleasure to yield 1 minute to the gentleman from Tennessee (Mr. Cohen).
I yield the gentleman an additional 15 seconds.
It is now my pleasure to yield 1 minute to a gentleman who has just been sworn in, a colleague of ours from Michigan (Mr. Curson).
This is your maiden speech, and it is my special pleasure to yield to you.
I yield the gentleman an additional 30 seconds.
I yield the gentleman an additional 15 seconds.
I would ask Mr. Camp if you would yield me an additional 1\1/2\ minutes.
Madam Speaker, I yield myself the balance of my time.
I wanted Mr. Curson to finish his statement because of his roots in the labor movement and beyond. We're proud to have you here, and we welcome your statement.
As I close, I want to congratulate everybody who worked on this to try to strengthen it. I also want to say just a word about Jackson- Vanik because this terminates that provision that was a part of the trade bill.
I want to salute everybody over the years who worked to implement what Senator Jackson and Congressman Vanik undertook. Many of us, my late wife and myself, and so many others went to Russia to try to make real that amendment. It showed that trade is more than the flow of goods. We have to look at the structure within which trade operates.
So I close again by attributing so much to people who worked so hard to try to make sure that those who wanted to leave Russia, the Jewish community and beyond, had a chance to live elsewhere and to pursue their lives with dignity.
This is an important moment.
I yield back the balance of my time.