President Obama says there’s been a 20 percent increase in trade between the United States and Colombia since the two countries signed a free trade pact during his first term. South Dakota Farm Bureau President Scott Vanderwal says that shows how critical FTAs are and the need to keep pushing for those kind of agreements.
Vanderwal says two other deals being negotiated also have great promise, the Trans Pacific Partnership and the Trans Atlantic or Ttip deal. He says some challenges need to be overcome including getting around non tariff trade barriers.
He says it’s positive the President is focused on free trade deals and that the Vice President is currently in the Far East talking about the TPP.