At long last, Washington looks ready to pass free trade agreements with Colombia, South Korea and Panama. The trade agreement with Colombia was signed in 2006, while the agreements with Panama and South Korea were inked in 2007. But after Republicans lost control of Congress in 2006, the Bush administration no longer had the legislative support needed. More recently, however, Barack Obama has adopted the free trade agenda with a convert's fervor.

U.S. Set to Pass Trade Deals With Colombia, Panama and S. Korea

By , , Briefing

At long last, Washington looks ready to pass free trade agreements with Colombia, Panama and South Korea. Congressional ratification has been a long time in the making -- the trade agreement with Colombia was signed in 2006, while the agreements with Panama and South Korea were inked in 2007.

The trade deals with Colombia and Panama were, in some sense, part of a last-ditch effort by President George W. Bush to salvage the work put in by former Presidents George H.W. Bush and Bill Clinton to create the Free Trade Area of the Americas. Hopes for that hemisphere-wide trade zone effectively died in 2005, mainly because Latin American countries preferred to direct their attention to the construction of trade blocs that excluded the United States. ...

To read the rest, sign up to try World Politics Review

Individual
Free Trial

  • TWO WEEKS FREE.
  • Cancel any time.
  • After two weeks, just $11.99 monthly or $94.99/year.
subscribe

Institutional
Subscriptions

Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.

request trial

Login

Already a member? Click the button below to login.

login