For Immediate Release:
October 19, 2011

Media Contact:
Andria C. Muñiz
amuniz@miamidade.gov
305-347-4962



New Free Trade Agreements Will Expand Trade Opportunities


(Miami-Dade County, FL) -- 
The new Free Trade Agreements with Colombia, Panama and South Korea will offer new opportunities to expand international trade and commerce benefitting the Port of Miami and the State of Florida.

"The Port of Miami, with more than $2 billion in infrastructure improvements on the way, is poised to garner a much larger percentage of trade with these countries once the agreements are signed," said Port Director Bill Johnson. "Free trade means expanded job-creation for truckers, brokers, shippers, stevedores, farmers, and US companies. The agreements with Colombia, Panama and South Korea will support tens of thousands of American jobs."

In the past, the Port of Miami has increased trade exponentially with countries, such as Peru, that have signed similar free trade agreements. Johnson, also chairman of the World Trade Center Miami, said the Port looks forward to similar increases once the new trade agreements are executed.

"I want to thank our Congressional Delegation, our Mayor, the Miami-Dade County Commission and South Florida business leaders who have been steadfast advocates for these agreements," Johnson said. "I look forward to strengthening our relationship with Colombia, Panama, and South Korea -- critical partners in trade that provide tremendous growth potential for our region, state and nation."


 

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