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Panama OKs free trade agreement with U.S.

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Bacchus39 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 08:50 AM
Original message
Panama OKs free trade agreement with U.S.
Source: AP

PANAMA CITY, Panama (AP) -- Panama's legislature ratified a free trade agreement with the United States on Wednesday amid protests by hundreds of leftists and farmers opposed to the deal.

The National Assembly's approval of the pact by an overwhelming 58-3 margin, with one abstention, came two weeks after it was signed by both governments in Washington. The agreement must still be ratified by the Democrat-controlled U.S. Congress.

"The treaty is a positive step for Panama to become an important exporter," said lawmaker Pedro Miguel Gonzales of the ruling Democratic Revolution Party.

In Washington, U.S. Trade Representative Susan Schwab applauded the agreement's approval.



Read more: http://www.cnn.com/2007/WORLD/americas/07/12/panama.tra...
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dmosh42 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 09:05 AM
Response to Original message
1. Another BS agreement!
This is when we find out how well the 'swamp' is drained.
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Justyce Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 09:36 AM
Response to Original message
2. Seems pointless for them to be
trying to raise minimum wage, fight for labor unions, etc, while we're still making free trade agreements. Sigh.
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conspirator Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 10:25 AM
Response to Original message
3. The US corporations will become big exporters.Panamese will become low payed sweatshop workers n/t
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