State lawmakers propose trade agreement between Connecticut and Puerto Rico
State lawmakers say with the tariffs imposed on China, Puerto Rico has an opportunity to benefit.
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2h agoConnecticut Democrats are proposing a law to promote direct trade between Connecticut and Puerto Rico.
Connecticut has the largest percentage of Puerto Ricans in the nation. There are over 285,000 Puerto Ricans in the state.
State lawmakers say with the tariffs imposed on China, Puerto Rico has an opportunity to benefit.
House bill 5008 would establish a 23-member Connecticut Puerto Rico Trade Commission to advance bilateral trade and investment.
That includes initiating joint action on policy issues, promoting business and academic exchanges, and encouraging support and infrastructure investment.
Some state lawmakers say several small and large companies in the state already have commercial relationships with Puerto Rico resulting in several millions of dollars of investment back to Connecticut.
State Rep. Chris Rosario, from Bridgeport, says there is already a partnership between the University of Bridgeport and a school in Puerto Rico.
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