The Illinois Soybean Growers (ISG) is pleased the U.S. House of Representatives passed Trade Promotion Authority (TPA) to keep U.S. trade negotiations in Europe and around the Pacific moving forward.
“The House made the right decision today to pass TPA,” said Mike Levin, director of issues management and analysis for ISG. “With about $3 billion in soybeans exported each year, international trade is critical to our soybean growers’ success and an important part of our state’s economy.”
Additionally, about 40 Illinois companies employ people who sell and transport Illinois soybeans overseas. Directly and indirectly, the Illinois agriculture industry creates about 1.5 million Illinois jobs, according to the Illinois Department of Agriculture. Without TPA paving the way for international trade negotiations, Illinois agriculture would not be as successful.
TPA, which defines U.S. negotiating terms and sets requirements for the president to follow during the negotiating process, has been requested by countries involved with Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP). President Barack Obama has said he would sign TPA legislation to complete trade negotiations.
Illinois Soybean Growers (ISG) is a membership organization serving more than 43,000 Illinois soybean growers. ISG provides advocacy in Springfield and Washington, D.C., to promote the interests of Illinois soybean farmers and programs that enhance soybean production and demand. Voice for Soy, the online action center supported by ISG, allows growers to easily connect with legislators and regulators to advocate for Illinois agriculture. For more information about ISG, visit the website www.ilsoygrowers.com.
For more information, contact:
Director of Issues Management Analysis