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Saturday, May 25 2019 @ 10:51 AM UTC

Panama Praises Bush's Push for FTA

Foreign Direct Investment Panamanian Official Praises Bush's Push for Free Trade Agreement; Deal's Future Uncertain PANAMA CITY, Panama (AP) -- Panama's commerce and industries minister praised U.S. President George W. Bush's notification to Congress that he plans to sign a free trade agreement with Panama. Alejandro Ferrer described the move as "really positive and an important achievement." He added, "we have worked arduously in the legal revisions" to achieve a free trade agreement. The deal, however, faces an uncertain future in Congress, where Democrats are demanding additional language in such areas as protecting U.S. workers from unfair competition from countries with lax labor laws. (Photo: Panama's Minister of Commerce and Industry Alejandro Ferrer)
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