Republican senators Monday pressed President Obama to send Congress the pending free trade deals with South Korea, Panama and Colombia at the same time, threatening to block his nominations for commerce secretary and other officials otherwise.
It’s been a year and a half since Canada and Panama signed a free-trade agreement that creates important opportunities for Canadian producers. Parliament should ratify it.
In advance of a Senate Finance Committee hearing on Wednesday, March 9, with U.S. Trade Representative Ron Kirk, the American Soybean Assn. (ASA), along with other representatives of the U.S. food and agriculture industry, reiterated support for swift passage of the pending U.S. trade agreements with Korea, Colombia and Panama.
China is in talks to build an alternative to the Panama Canal that would link Colombia’s Atlantic and Pacific coasts by rail – a move that Bogotá also hopes will spur Washington to push for Congressional approval of a US-Colombia free-trade pact.
President Barack Obama’s administration aims to send stalled free trade pacts with Colombia and Panama to Congress by the middle of this year after fresh analysis of the situation in both countries, a senior US official said on Monday.
Faced with widespread social opposition, governments adopt an anti-democratic stance as they push through the free trade agenda, becoming so paranoid in the process that they seek to enact illegal wiretaps.
Panama’s Trade and Industry Minister Roberto Enriquez announced on Friday that Panama will begin campaigning for a free trade agreement with the European Free Trade Association (EFTA) nations.
Yesterday, Peruvian President Alan García said he wrote letters to the presidents of Panama, Chile, Colombia and Ecuador, proposing the regional integration of the five Pacific rim countries.
The trade agreement will give Canadian companies access to the government procurement market in the Central American country, including the expansion of the Panama Canal, Van Loan said at the time.
The governments of Peru and Panama agreed on Thursday to launch negotiations on a bilateral free trade agreement before the end of this year.
Colombia and Panama have made good progress in the third round of their bilateral negotiations for a free trade agreement, and a fourth round of talks may be held to seal the FTA deal.
South Korea is seeking to boost its partnership with Panama, a small Central American country that has strong ties with the United States, politically and economically, and explore the possibility of signing free trade agreements with regional players with the nation’s help.
South Korea and Panama agreed Monday to forge a bilateral free trade agreement (FTA) at an early date and expand economic partnership.
A key benefit of the agreement is that Canadian businesses will now be able to bid on projects that the Panamanian government finances.
Panama’s Commerce and Industry Minister Roberto Henriquez will fly to Toronto, Canada, to sign on May 14 a free trade agreement.
House Majority Leader Steny Hoyer said Thursday it was doubtful that the House this year will take up pending free trade agreements with Colombia, Panama and South Korea.
The EU approved last week a change in the mandate for its negotiators in order to include Panama in the discussions, following a formal request from that country, as well as an assent by Panama to accept all of the points already agreed upon in the negotiations by its Central American partners Honduras, Guatemala, El Salvador, Costa Rica and Nicaragua.
Panama and Colombia will officially begin negotiations Monday over the terms of a proposed free trade agreement (FTA) planned for later this year.
Colombia concluded negotiations on Monday for a free trade agreement with the European Union, after nine rounds of talks.
The talks come as Colombia faces a plunge in exports to neighboring Venezuela after President Hugo Chavez pledged last year to end imports from the Andean country in response to a deal that allows U.S. armed forces greater access to Colombian military bases.