85R26965 KSM-D By: Gutierrez H.R. No. 408 Substitute the following for H.R. No. 408: By: Ortega C.S.H.R. No. 408 R E S O L U T I O N WHEREAS, Since its ratification in 1994, the North American Free Trade Agreement has produced great opportunities for economic growth and development in the United States and our bordering countries; and WHEREAS, According to the U.S. Census Bureau, American trade with Canada and Mexico has tripled under NAFTA, reaching an annual total of $1 trillion in 2015; Mexico is America's third-largest export market for agricultural products, including corn, soybeans, dairy, pork, and beef, and each year Texas sends about 36 percent of the state's total exports to Mexico; furthermore, Canada is the world's leading purchaser of U.S. goods; and WHEREAS, NAFTA has benefited American workers by creating new avenues for employment; a 2014 study conducted by the U.S. Chamber of Commerce showed that nearly five million U.S. jobs, including some 350,000 in Texas, are supported by increased trade from NAFTA; in addition, 90 percent of Fortune 500 companies have investments in Mexico; and WHEREAS, NAFTA has had particularly profound and positive implications for Texas; according to the U.S. Department of Commerce, NAFTA has created over 190,000 export-related jobs in Texas; the state has also seen a substantial increase in exports to Canada and Mexico since NAFTA was enacted; and WHEREAS, Through NAFTA, Canada and Mexico have become America's largest and third-largest trading partners, respectively; now, therefore, be it RESOLVED, That the House of Representatives of the 85th Texas Legislature hereby respectfully urge Congress to work with the president of the United States to improve and enhance the North American Free Trade Agreement through modernization and the recognition of new technological advancements in order to move toward expanding economic opportunity for the betterment of our country; and, be it further RESOLVED, That the chief clerk of the house forward official copies of this resolution to the president of the United States, to the president of the Senate and the speaker of the House of Representatives of the United States Congress, and to all the members of the Texas delegation to Congress with the request that this resolution be entered in the Congressional Record as a memorial to the Congress of the United States of America.