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Why the New FTAs Should Be Embraced

It started almost five years ago with free trade agreements (FTAs) reached between the Bush Administration and the governments of Peru, Colombia, Panama, and South Korea. Unfortunately, the then-Democrat controlled House allowed only the FTA with Peru to be approved. The other three were abandoned.

Now, with the approval by Congress of the three remaining FTAs, some compelling benefits will fall on the U.S.:

Despite long delays and tedious critiques, the FTAs with Colombia, Panama, and South Korea will finally be given the opportunity to make some much-needed changes in the U.S. economy and in U.S. relations with Latin America.

Jen Gieselman is a member of the Young Leaders Program at the Heritage Foundation. Click here for more information on interning at Heritage.

 

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