House approves Colombia/Panama/SKorea free trade agreements
After more than six years being held up by the Senate Democrats, the Colombia FTA has been approved by the House:
House approves South Korea, Panama, Colombia trade deals
In a long-awaited move, the House on Wednesday approved three trade deals with South Korea, Panama and Colombia, as well as the renewal of an aid program for workers who have lost their jobs because of outsourcing, sending the pacts to the Senate for final approval Wednesday evening.
The three trade deals, which would boost U.S. exports by $13 billion, were originally negotiated by the Bush administration but have been stalled for years as the parties wrangled over renewing the Trade Adjustment Assistance program, as well as over anti-union violence in Colombia.
It was about time.