The U.S. International Trade Commission should conduct a study similar to what the U.S. Government Accountability Office released last week when implementing a free trade agreement “to confirm the impact of the treaty on the economy, companies and consumers of the countries that sign the treaty to supplement the lack of data referenced by the GAO study itself,” the head of the Puerto Rico Chamber of Commerce (CofC) said Monday.
As the new year rolls in, Puerto Rico’s main professional trade groups — the Puerto Rico Chamber of Commerce, the Puerto Rico Manufacturers Association and the CPA Society — are weighing in on what they believe the island will need to improve its economic condition and quality of life for its citizens.
Now that the dust has settled on one of Puerto Rico’s most contentious political campaigns and elections, the island’s private sector is hopeful that government officials, especially Governor-elect Alejandro García-Padilla, will set aside partisan bickering to work together to re-energize and move the economy forward.