Korea, Colombia, Panama: Pending Trade Accords Offer Economic and Strategic Gains for the United States

Author
Mauricio Cá¡rdenas, Joshua Meltzer
Content Type
Policy Brief
Institution
The Brookings Institution
Abstract
A trio of trade agreements now pending before Congress would benefit the United States both economically and strategically. Carefully developed accords with South Korea, Colombia and Panama will boost U.S. exports significantly, especially in the key automotive, agricultural and commercial services sectors. Among the other benefits are: increased U.S. competitiveness enhancement of U.S. diplomatic and economic postures in East Asia and Latin America new investment opportunities better enforcement of labor regulation and improved transparency in these trading partners' regulatory systems.
Topic
Diplomacy, Economics, International Trade and Finance, Treaties and Agreements, Labor Issues
Political Geography
Kenya, United States, Israel, Colombia, Latin America