Obama administration wants trade pact with Panama sent to Congress before recess

The Obama administration hopes to send all three pending free trade agreements — Colombia, Panama, and Korea — to Congress before the August recess.

Initially, the plan had been to try for Congressional approval of the Korea trade pact first because it would have the greatest economic impact and then submit the Panama and Colombia accords later.

But Kevin Sullivan, the state department’s point man on economic policy in the Western Hemisphere, said that the plan is now to send all three agreements to Congress separately but over the next few months.

Original source: Miami Herald