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European Union

Free Trade Pacts Good For New England

Free Trade Pacts Good For New England

With 95 percent of the world's consumers outside U.S. borders, there is simply no denying the tremendous economic impact of international trade, here in New England and throughout the U.S. These markets must be cultivated in order to sustain economic growth, stimulate innovation, and increase our region's global competitiveness. If the U.S. does not tap into these foreign markets, there is no doubt our competitors around the globe certainly will. In 2014 alone, the value of goods exported from businesses in New England was more than $56 billion, supporting more than 264,000 jobs. Here in Connecticut, some 5,700 companies export their products. In 2014, $15.9 billion in goods were...