posts tagged with FTA

Open Markets One of the Keys to U.S. Competitiveness

EX1258.jpg Earlier today, I had the honor of joining President Obama at the Rose Garden on the South Lawn of the White House to celebrate the signing of trade agreements with South Korea, Panama and Colombia. This is a victory for our company, our customers and the overall economic health of the United States. FedEx has long supported these agreements and we are pleased this day has come.

Open markets are one of the key foundations to U.S. competitiveness, economic growth and job creation. As our chairman, Frederick W. Smith, so often says, global trade is now the largest single economy out there – and it will only continue to grow. Open markets enable people outside of the U.S. to sell their goods here and allow American workers, manufacturers and producers to export theirs globally. According to the Office of the U.S. Trade Representative, in 2008, exports in goods and services supported more than 10 million American jobs and generated more than $1.5 trillion in income for American families in 2009.