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Kerry Statement on FTA's Submitted to Congress


Location: Washington, DC

Senator John Kerry (D-Mass.) today released the following statement after President Obama submitted pending trade agreements with South Korea, Colombia, and Panama to Congress.

"These agreements make it clear that the United States will engage global partners on fair terms. I think it's a virtue that the Administration stayed at the bargaining table to improve these agreements. Given that each negotiation sets a precedent for those that will follow, it's imperative to strike the best possible agreement and I think that bar was exceeded here. The Korea agreement balances the playing field for U.S. automakers by giving them time to introduce their products to Korean consumers and adjust to a changing dynamic. We will continue to make progress on labor and other humanitarian issues as a result of changes to Colombian law and procedure. Labor laws in Panama will be better enforced and transparency in the banking sector will prevent Panama from being used as a tax haven. The ball is now in our court. Congress must consider and approve these agreements as soon as possible."

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