Bush pledges to move forward on trade deal with Panama

May 7th, 2008 - 1:15 pm ICT by admin  

Washington, May 7 (DPA) US President George W. Bush has pledged to move forward on the ratification of a free-trade agreement with Panama despite congressional opposition. Bush said Tuesday after a meeting with Panamanian President Martin Torrijos: “I assured him that we will do everything in our capacity to move the trade bills - not only the Panamanian bill, but the Colombian bill and the (South) Korean bill.”

The US and Panama signed a free-trade agreement in July 2007, but it has been held up over White House insistence that Congress first take up the Colombian free-trade deal, which was inked earlier.

The Democrat-controlled Congress has blocked the deal with Colombia because of violence against trade unions in the country and a demand to address concerns that the deal could cost jobs in the US.

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