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Monday, April 25, 2011

Trade Pacts Seeing Movement

When the South Korea, Colombia and Panama Free Trade Agreements are sent to Congress it is not likely they will arrive as one package. U.S.

Trade Representative Ron Kirk says, it they would, we would run the risk of having all three knocked down.

Kirk remains optimistic that all three will pass congressional muster.

Kentucky Senator Mitch McConnell says so as long as they are submitted at the same time, Republicans don t care how they are packaged.

Eric Farnsworth, vice president of the Council of the Americas, says there is still some work to be done on all three deals.

In the meantime, momentum behind the Trans-Pacific partnership is beginning to pick up.

The TPP is a big-picture goal for the White House.

Nine countries, including the U.S. are negotiating the terms of the group.

The U.S. hopes it will get an even bigger boost down the road if countries like China, Japan and South Korea join.

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