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November 8, 2011

The Next Phase in American Free Trade: Colombia, Panama and South Korea

Peter Cannon

Executive Summary

  • The US has finally ratified three free trade agreements with Colombia, Panama and South Korea, after several years of delay.
  • The agreements were originally signed under the Bush administration, but the Obama administration has delayed their ratification until now.
  • The delay has been damaging, particularly for relations with Colombia, the USA’s closest ally in South America. Colombia has sought alternative trading partners, particularly China.
  • The ratification is a move in the right direction for US trade policy in Latin America. The US should continue to argue for the Free Trade Area of the Americas.

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About Peter Cannon

Peter Cannon is the Henry Jackson Society's Latin America Section Director and Governance, Strategy and Terrorism Section Director. Peter studied a BSc in Government and History and an MA in the History of International Relations at the London School of Economics and Political Science. He has worked for the Shadow Justice Secretary and for a public affairs consultancy. He currently works for a Conservative MP in Parliament, and is also a local councillor in Dartford, Kent.

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