The Foreign Trade Zone community is clearly integrated into – and depends – on global supply and value chains.
“As such, we would fully agree with the message in support of NAFTA expressed by the associations representing the North American freight-rail industry,” notes Erik Autor, president of the National Association of Free Trade Zones (NAFTZ).
In an interview with LM, he shared he following from their submission to USTR on NAFTA:
NAFTZ and its members have been strong supporters of the NAFTA and believe it has been an important factor in making U.S. manufacturing more globally competitive, supporting high-value-added employment in the United States, expanding export markets for U.S. products and services, promoting efficient supply and value chains, and improving standards of living. However, we recognize that an agreement negotiated over 25 years ago needs updating to give American companies and workers new opportunities for growth and prosperity and to reflect commerce and the economy of the 21st Century. NAFTZ strongly supports NAFTA renegotiation aimed at achieving these goals and positioning the FTZ program to do much more to promote American competitiveness in the NAFTA region.