CAFTA

Obama Releasing Trade Policy - Push for Panama?

Supposedly today the USTR office of the Obama administration is releasing a new trade policy agenda. Bloomberg is reporting:

President Barack Obama plans to ask Congress to approve a long-delayed free-trade agreement with Panama and establish “benchmarks” so that accords with South Korea and Colombia can be ratified in the future, a report said.

In its first annual report on trade policy, the Obama administration also said that it plans to ask Mexico and Canada to rework provisions of the North American Free Trade Agreement.

“If we work together, free and fair trade with a proper regard for social and environmental goals and appropriate political accountability will be a powerful contributor to the national and global well being,” said the report, which was released by the U.S. Trade Representative’s office.