U.S. Secretary of State Hillary Rodham Clinton today announced that U.S. President Barack Obama has submitted the Korea, Colombia and Panama Free Trade Agreements to the Congress.
Ms. Clinton said the gesture of President Obama demonstrates the U.S. commitment to strengthen its economic leadership around the world.
“They are critical to building open, free, transparent, and fair economic platforms in the Asia Pacific and South America. Our foreign policy must deliver results for the American people.” -Ms. Clinton
She stressed that the agreements will make it easier for American companies to sell their products in South Korea, Colombia, and Panama, and that will create jobs at home.
According to Ms. Clinton, the stakes are not just economic. The three countries are three important partners in strategically vital regions. She said countries everywhere are watching. Passing the deals proves that America can deliver for its friends and allies.
“It strengthens our leadership around the world. It’s time to put these trade deals to work on behalf of the American people. I urge Congress to approve these agreements as soon as possible. Our economic competitors are building trade relationships around the world and we cannot afford to be left behind.” -Ms. Clinton