Baucus Comment on Colombia and Panama FTAs

MEMORANDUM

To: Reporters and Editors

From: Scott Mulhauser and Erin Shields for Senate Finance Committee Chairman Max Baucus (D-Mont.)

Re: Baucus Comment on Colombia and Panama FTAs 

Senate Finance Committee Chairman Max Baucus (D-Mont.) commented today on the U.S.-Colombia and U.S.-Panama Free Trade Agreements (FTA) in light of the President’s comments on the subject during his State of the Union address.  Baucus is headed to Colombia the week of February 20 to meet with senior government officials to discuss key economic and trade issues including the pending U.S.-Colombia FTA.  From Chairman Baucus:

“Our free trade agreements with Colombia and Panama were signed more than three and a half years ago, so it’s extremely disappointing the President did not lay out a timeline for submitting them to Congress.  The delay has been costly for our ranchers, farmers and businesses, who are losing business to competitors from countries that have negotiated their own trade agreements with these fast-growing markets.  To help Americans export their goods and services and create jobs here at home, it is time to quickly resolve any outstanding issues and send these agreements to Congress as soon as possible.”

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