Lawmakers Press For Action On Pending Trade Pacts

Law360, New York (May 12, 2010, 3:28 PM EDT) -- Two groups of federal legislators are urging the Obama administration to move forward on pending free trade agreements with Colombia, South Korea and Panama, claiming that the lack of action on the pacts has hurt the U.S. economy.

On Monday, three Republican members of the House Ways and Mean Committee issued a report outlining what they described as the economic harm caused by the failure to ratify the Colombia agreement, while Sens. John Kerry, D-Mass., and Richard Lugar, R-Ind., of the Senate Foreign Relations Committee sent...
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