US Congress poised to pass free trade agreements with Panama, Colombia and South Korea. Boost for American jobs
Finally, after more than four years of debate and acrimony, the US Congress is expected to pass the free trade agreements the government negotiated with Colombia, Panama, and South Korea.
All three will go a long way in helping to give a much-needed boost to the economy by increasing US exports and supporting and creating tens of thousands of American jobs.
Panama offers a key strategic location for US exporters to sell their goods and also to move them throughout the hemisphere via the Panama Canal. With canal expansion slated for completion in 2014, US companies in the machinery, infrastructure, and services sectors are anxious to see the trade accord carried out to boost sales, exports, and employment opportunities for American workers.
Original source: Christian Science Monitor