Trade Subcommittee to Hold March 17 Hearing on Colombia FTA, Others on Panama & Korea
The House Ways and Means Committee’s Trade Subcommittee has announced that it will hold a series of hearings on the pending free trade agreements with Colombia, Panama, and South Korea. The focus of the first hearing, scheduled for March 17, 2011, is on Congressional consideration of the pending FTA with Colombia.
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The hearing will address the economic benefits this agreement will bring to American businesses, farmers, workers, consumers, and the U.S. economy. In addition, the hearing will examine the national security and geopolitical implications of the agreement and will explore developments within Colombia that have occurred since the FTA was concluded.
In announcing this hearing, Chairman Brady said, “failure to move forward with the U.S.-Colombia trade agreement is undermining U.S. influence and leadership in our own hemisphere. We need a concrete plan now from the Administration for moving forward with the Colombia agreement, to allow Congressional consideration of all three pending trade agreements by July 1.”
Details on Panama and Korea FTA Subcommittee Hearings to be Announced Soon
The Subcommittee will soon announce details for the hearings on the trade agreements with Panama and South Korea.
Written comments for March 17, 2011 hearing are due by March 31, 2011.
(See ITT's Online Archives or 02/10/11 news, 11021031, for BP summary of a House Ways and Means Committee during which the Committee leadership indicated that the lack of action on the three pending FTAs is hindering the rest of the U.S. trade agenda.)