Excerpt: The US congressional passage of free trade agreements with Colombia and Panama are receiving widespread praise among U.S. and Latin American business leaders…. The National Foreign Trade Council (NFTC) applauded Congress and the Administration of President Barack Obama for working together to approve the FTAs and to renew Trade Adjustment Assistance (TAA), the Generalized System of Preferences (GSP) and the Andean Trade Preference Act (ATPA). “We are very pleased with the outcome … and applaud Congress and the Administration for working together to advance the U.S. trade agenda through approval of the FTAs with Colombia, Panama and South Korea, as well as the renewal of TAA, GSP and the Andean trade preferences,” NFTC President Bill Reinsch said in a statement. “These agreements and programs will boost the U.S. economy and create and support thousands of American jobs.http://www.latinbusinesschronicle.com/app/article.aspx?id=5176
