(Washington, D.C.) – U.S. Senator Richard Blumenthal (D-Conn.) released the following statement after voting in favor of the Trade Facilitation and Trade Enforcement Act of 2015 Conference Report, which the Senate passed by a vote of 75-20.
“This measure is a boon to Connecticut businesses – in a state that thrives on trade – by providing fair, enforceable rules and resources to make sure they're followed,” Sen. Blumenthal said. “By comprehensively cracking down on unfair trade, this bill will benefit companies in Connecticut – allowing them to grow jobs at home as they expand markets abroad. The law will now provide accountability, information sharing, and additional training and personnel – crucial to leveling the global playing field. We still must do more in this area, including stronger provisions to address currency manipulation, human trafficking, and greenhouse gas emissions, and I will work to address these issues in future legislation.”
The bill includes varied provisions to ensure that foreign countries and businesses comply with United States law and obligations under international trade agreements, including: