Jun 30 2005

SHELBY STATEMENT ON PASSAGE OF CAFTA

Senator Shelby opposes trade agreement

WASHINGTON, DC - By a vote of 54 to 45, the United States Senate approved the Dominican Republic-Central America-United States Free Trade Agreement Implementation Act, commonly referred to as CAFTA. Senator Richard Shelby (R-AL), who opposed the trade agreement, issued the following statement:

“I have long been skeptical of trade agreements, and as such, I opposed both the North American Free Trade Agreement (NAFTA) and Trade Promotion Authority (TPA). I believe that our nation must negotiate trade agreements that put the American worker and the American economy first. While many contend that CAFTA may have the potential to positively impact some areas of Alabama, I believe, overall, that it would significantly disrupt the livelihoods of many Alabamians. To that end, I opposed passage of CAFTA, because I do not believe it is in the best interest of the entire state.”

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