Dow Issues Statement on Free Trade Agreement Progress
October 05 2011 - 5:12PM
Business Wire
Dow welcomes the President’s decision to submit the three
pending free trade agreements to Congress and applauds the House
Ways and Means Committee for passing the FTAs through mark up
today.
"These are critical steps toward revitalizing manufacturing in
this country," stated Andrew Liveris, chairman and CEO of The Dow
Chemical Company. "American industry, and the manufacturing sector
in particular, needs greater access to the world's consumers. Free
Trade Agreements do this by opening markets overseas for U.S.-made
goods."
“We urge Congress to rapidly pass the FTAs. Doing so will help
spur job creation at home and U.S. manufacturing competitiveness
abroad,” Liveris noted.
Adoption of the three trade agreements was one of the Fall 2010
recommendations made by the President’s Export Council, of which
Liveris is a member and chair of the Council’s subcommittee on
Global Competitiveness, as one of the most effective means of
increasing the export of U.S.-made goods.
About The Dow Chemical Company
Dow (NYSE: DOW) combines the power of science and technology
with the "Human Element" to passionately innovate what is essential
to human progress. The Company connects chemistry and innovation
with the principles of sustainability to help address many of the
world's most challenging problems such as the need for clean water,
renewable energy generation and conservation, and increasing
agricultural productivity. Dow's diversified industry-leading
portfolio of specialty chemical, advanced materials, agrosciences
and plastics businesses delivers a broad range of technology-based
products and solutions to customers in approximately
160 countries and in high growth sectors such as electronics,
water, energy, coatings and agriculture. In 2010, Dow had annual
sales of $53.7 billion and employed approximately
50,000 people worldwide. The Company's more than 5,000
products are manufactured at 188 sites in 35 countries
across the globe. References to "Dow" or the "Company" mean The Dow
Chemical Company and its consolidated subsidiaries unless otherwise
expressly noted. More information about Dow can be found at
www.dow.com.
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