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Private Sector Coalition Returns to Washington

By on March 2, 2016

WASHINGTON – The Puerto Rico Private Sector Coalition was visiting Washington, D.C., for the third time this year as part of its campaign to educate members of Congress about the economic situation of Puerto Rico, and the need for giving the commonwealth preferential treatment due to the relationship between both economies.

So far this year, leaders of the coalition have met with more than 40 members of the U.S. Senate and House of Representatives.

Moreover, they have held over 30 meetings, sponsored by the Puerto Rico Manufacturers Association (PRMA), with members of Congress and President Obama’s administration during the past 18 months.

The agenda for this visit to Washington includes meetings with the White House National Economic Council as well as with members of the Ways & Means, Insular Affairs, Transportation and other committees.

PRMA Chairman Carlos Rivera testifies, Jan. 12, 2016, at a U.S. House Energy & Mineral Resources Subcommittee on energy related issues affecting Puerto Rico.

PRMA Chairman Carlos Rivera testifies, Jan. 12, 2016, at a U.S. House Energy & Mineral Resources Subcommittee on energy related issues affecting Puerto Rico.

In its meetings in the U.S. capital, the island’s private sector is calling for an economic development component to be included in the measures that Congress is designing for lowering energy costs and for promoting investment in new jobs.

“It is important to remember that the private sector is the one that generates employment and pays taxes, PRMA President Carlos Rivera Vélez said. “The long-term solution against the…fiscal crisis demands a healthy and vital private sector,” he added.

“We have identified the need to maintain a regular presence within the influential circles in Washington since there is great ignorance about the situation and the needs of Puerto Rico. So far, we have influenced over 300 leaders’ opinions. On the other hand, the fact that the private sector has gone to Washington using one single voice has helped positively,” Rivera Vélez concluded.

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