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Progress on Trade? [Congressional Democrats signal approval for a deal with Peru.]

Posted on 09/24/2007 1:02:32 PM PDT by 1rudeboy

IT APPEARS that the Democratic Congress and the government of Peru have finally gotten to "yes" on the pending free-trade agreement that the Bush administration and Lima negotiated earlier this year. Last week, House Ways and Means Committee Chairman Charles B. Rangel (N.Y.) and trade subcommittee Chairman Sander M. Levin (Mich.) circulated a "Dear Democratic Colleague" letter signaling members of their party that it was now safe to vote for the pact. Mr. Rangel and Mr. Levin assured Democrats that Peru has adjusted its labor laws to meet international standards. A vote on the bill is due in Mr. Rangel's committee tomorrow; the Senate Finance Committee approved it on Friday, 18 to 3. An October floor vote on final passage is within reach.

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The agreement with Peru is worthy of support both in economic terms and as a political gesture to a pro-U.S. country in a region plagued by Venezuelan President Hugo Chavez's populist anti-Americanism. But the deal is relatively tiny; U.S.-Peru trade amounted to only $8.8 billion in 2006. Much bigger -- and politically significant -- agreements with Colombia and South Korea remain to be approved, along with the Panama accord. Each faces powerful opposition: Ford Motor Co. and the autoworkers union don't want the South Korea deal on the spurious grounds that it fails to open South Korea's auto market completely.

Human rights advocates are trying to defeat the Colombia pact because, they claim, President Alvaro Uribe hasn't done enough to punish human rights abuses. Never mind that a newly released open letter signed by 14 former Democratic members of Congress and 29 former Democratic executive branch officials credits Mr. Uribe with "steadily and significantly" reducing violence. So far, Democrats on Capitol Hill have been content to let the anti-trade forces call the tune for their party.


TOPICS: Business/Economy; Editorial; Foreign Affairs; Government; Politics/Elections
KEYWORDS: 110th; trade

1 posted on 09/24/2007 1:02:37 PM PDT by 1rudeboy
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