HOUSE Key Vote Alert - Oman Free Trade Pact
KEY VOTE ALERT
“YES” ON OMAN FREE TRADE AGREEMENT
The Club for Growth, with its 36,000 members, plans to score a “YES” vote as a pro-economic growth vote in our annual rating of Congress on the upcoming House vote on the United States-Oman Free Trade Agreement Implementation Act (H.R. 5684).
Congressional approval of the free trade agreement with Oman will both strengthen our dynamic market economy and continue progress on freer trade.
As noted by the Heritage Foundation, “most American exports to Oman face a tariff rate of 5 percent, while the bulk of imports from Oman enter the U.S. market duty-free or face very low tariffs. Under the [agreement], all bilateral trade in manufactured goods would become duty-free. Oman would immediately eliminate the tariffs that 87 percent of U.S. agriculture exports to Oman now face and phase out the remaining product tariffs within 10 years.” More information on the agreement can be found at here.
Eliminating barriers to trade is a win-win for countries and their citizens. Higher standards of living, peaceful relations, economic stability, respect for property rights, and greater individual liberty are just some of the innumerable benefits of free trade.
Our Congressional Scorecard for the 109th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.
