In general, I hate to use the blog as a mouthpiece for press releases and corporate communications (it really takes away from the trademark irreverent, conversational tone that State of Trade is so dedicated to), but I thought y'all might be interested in my official statement on yesterday's progress. Here it is:
Today’s action in the House and Senate is an exciting step in the process to pass these trade agreements that are so vital to Washington state’s continued economic recovery. South Korea is Washington’s fourth largest export customer, with total exports reaching $2.8 billion in 2010. Colombia and Panama represent important, fast-growing markets for our state, with a combined value of close to $400 million in exports last year; this amount represents an increase of 180% over 2009. The eventual passage of these free trade agreements will mean jobs and increased revenues for a wide range of Washington state-based companies.