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President to Sign FTA, GSP/MPF/TAA Bills on Oct 21

The White House press office has issued an announcement that the President will sign the GSP/MPF/TAA bill, as well as the Korea, Panama, and Colombia FTA implementing bills, on Friday, October 21, 2011.

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FTA bills. Both the House and Senate passed the FTA implementing bills on October 12, 2011. The bills were sent to the President on October 13, 2011.

(See ITT’s Online Archives 11101306 for summary of the passage by Congress of the FTA bills. See ITT’s Online Archives 11101417 for summary of the next steps for implementing the Korea, Colombia, and Panama FTAs.)

GSP/MPF/TAA bill. The House passed the bill to retroactively renew the Generalized System of Preferences program through July 31, 2013, renew and revise Trade Adjustment Assistance, and make various Merchandise Processing Fee adjustments on October 12, 2011. That bill was passed by the Senate on September 22, 2011. The bill was presented to the President on October 13, 2011.

(See ITT’s Online Archives 11101305 for summary of House passage of GSP/MPF/TAA bill.)