Volume 89 Issue 42 | p. 10 | News of The Week
Issue Date: October 17, 2011

Congress Passes Trade Agreements

Exports: Pacts will help open markets and create manufacturing jobs, advocates say
Department: Government & Policy
Keywords: trade, South Korea, Colombia, Panama

Congress approved long-stalled free-trade agreements with Colombia, Panama, and South Korea last week. Proponents say the action will create new export opportunities for U.S. manufacturers by lowering tariffs and removing other discriminatory barriers.

Chemical industry officials say the deals will enable them to create jobs by expanding sales in these key markets. “This is an historic step forward for the U.S. and our economy, as America has now made great strides in reestablishing its commitment . . .

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