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Florida businesses eager for trade pacts with South Korea, Colombia and Panama. US Congress scheduled for Wednesday vote

Monday, October 10, 2011

Florida businesses — both large and small — are poised to take advantage of the potential for increased sales if free trade agreements with South Korea, Colombia and Panama win Congressional approval.

After lengthy delays, the Obama administration sent the three trade pacts to Congress last Monday. They’re scheduled for a vote Wednesday.

The agreements would phase out duties on all products the three countries trade with the United States, and President Barack Obama has touted them as job creators.

Original source: Miami Herald