Two US senators, one a Republican and the other a Democrat, asked President Joe Biden in a letter to “commits to enter into trade agreement negotiations” with the governments of Uruguay and Ecuador.
the senators are Bob Menendeza Democrat from the state of New Jersey, who is also Chairman of the Senate Foreign Relations Committee, Y the other senator was Rob Portman, an Ohio Republican.
“Ecuador and Uruguay have taken steps in recent years to strengthen foreign investment opportunities, and both countries are strong democratic allies in Latin America. Although the United States has Trade and Investment Framework Agreements with both countries, we do not have a trade agreement with none of them”, the senators wrote.
“Pursuing comprehensive agreements with each country would not only offer better market access for US exporters, but also facilitate greater collaboration on labor rights, environmental sustainability, anti-corruption measures, inclusive development and policies that benefit small and medium-sized companies. companies,” they added.
“By engaging in trade talks with the Governments of Ecuador and Uruguay, the Administration will have the opportunity to reaffirm its interest in Latin America. and build stronger, deeper partnerships that promote mutual economic growth, foster democratic values, and benefit workers in the United States and throughout the hemisphere.”