US will Push the Free Trade Agreement with Panama
The US Government will push the Free Trade Agreement with Panama "relatively quickly," said the Office of the United States Trade Representative.
Tuesday, March 3, 2009
Prensa.com publishes that the USTR indicated in a Trade Strategy document delivered to congress that "we expect to advance the FTA with Panama relatively quickly."
In the U.S., the political situation is not favorable for approving these Free Trade Agreements, despite Barack’s Obama goodwill.
The U.S. President has sent the Free Trade Agreement negotiated in 2003 with Panama to Congress for ratification.
The U.S. will begin this year a process to resolve outstanding issues preventing the ratification of these treaties.
After Panama passed modifications to laws on patents, dispute resolution and intellectual property, representatives from both countries announced that on October 31 the treaty will come into force.
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