Constitutional Court okays free trade pact with US
Colombia Reports | 24 July 2008
Constitutional Court okays free trade pact with US
Colombia’s Constitutional Court has ruled the trade pact the Colombian and U.S. governments signed is in accordance with Colombia’s constitution.
After four days of deliberation, seven of the eight judges of the court voted in favor of the trade agreement. One voted against.
The only thing in the way of Colombia’s free trade agreement with the world’s largest economy is teh ratification by the U.S. congress.
The Democratic majority in congress refuses to put the vote on the agenda until after the November presidential elections, despite numerous requests made by U.S. President George W. Bush and his Republican Party to ratify the pact.
Bogotá hopes the Constitutional Court’s decision will persuade U.S. Democrats to move forward on the agreement.
