Video archive of the US Congress

House Proceeding 12-14-09 on Dec 14th, 2009 :: 0:13:45 to 0:17:10
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Jim McDermott

0:13:41 to 0:14:02( Edit History Discussion )

Jim McDermott: with that i reserve the balance of my time. the speaker pro tem gentleman reserves. the chair recognizes the gentleman from michigan. mr. levin: now i'm privileged to yield three minutes to the very distinguished the committee and my colleague, jim mcdermott. the speaker pro tempore: the gentleman from washington is recognized for three minutes.

Jim McDermott

0:13:45 to 0:17:10( Edit History Discussion )
Speech By: Jim McDermott

Jim McDermott

0:14:03 to 0:14:23( Edit History Discussion )

Jim McDermott: mr. mcdermott: i ask unanimous consent to revise and extend my remarks. the speaker pro tempore: without objection. mr. mcdermott: madam speaker, i rise today to urge the passage of h.r. 4284, to extend the general system of preferences and the andean trade preference program for one year. i have called for an extension to our preference programs in the past.

Jim McDermott

0:14:24 to 0:14:45( Edit History Discussion )

Jim McDermott: we need to make these programs long and stable. this extension is only for a year, and that's ok in this instance because we need to force more action on a broader preference in difficult economic times like today, developed countries sometimes decide to pull back. but i hope that in the

Jim McDermott

0:14:46 to 0:15:06( Edit History Discussion )

Jim McDermott: globalized economy we need to push forward on improving trade with poorer countries in the world. our preference programs have done enormous good for the poor of the world and for american businesses, but now we need to make them even better. for development to really accelerated, we need to get more countries inlved in trading more products.

Jim McDermott

0:15:07 to 0:15:27( Edit History Discussion )

Jim McDermott: i have introduced a bill with the support of chairman rangel and congressman levin that will go far in modernizing our preference programs for american business and the poor in the world. now, while there are details to work out, there is broad agreement that our trade programs need to be stable, they need to be simplified, and they need to be more effective, and they need to help more

Jim McDermott

0:15:28 to 0:15:48( Edit History Discussion )

Jim McDermott: people. i think we agree that the stability of our programs is essential to them being effective. no one who has ever run a business would want to invest unstable that goes year by year you never sure, can you plan o it next year, that simply is very difficult for business to deal with.

Jim McDermott

0:15:49 to 0:16:13( Edit History Discussion )

Jim McDermott: and our programs, therefore, need t second, our programs are too complicated and hard to use. simply filing our programs and doing more to help meet the important standards we set are keys to their success. an interesting clari

Jim McDermott

0:16:14 to 0:16:35( Edit History Discussion )

Jim McDermott: cambodia pays as much tariff on $1.5 billion with exports to the united states as d britain on $50 blion. if you're trying to up cambodia, you ought to think of those kinds of numbers. we need to address the compassion it building. we all know the rules of trade not aid is obvious. preferences help our trading partners quite a bit, but

Jim McDermott

0:16:36 to 0:16:56( Edit History Discussion )

Jim McDermott: without thoughtful capacity building, we can only help them so much. we together to help poor countries grow and give american businesses more customers. finally, we need to find a way to strengthen the programs we have while at the same time helping more people. trade is not a zero sum game.

Jim McDermott

0:16:57 to 0:17:10( Edit History Discussion )

Jim McDermott: we can strengthen our credit programs while al other desperately poor countries who right now get no benefits. we can help countries like the philippines and cambodia statement.

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