Obama Signs Long-Planned Free Trade Agreements

Law360, New York (October 21, 2011, 1:15 PM EDT) -- President Barack Obama signed off on free trade agreements with South Korea, Colombia and Panama on Friday, capping the yearslong process of securing U.S. approval for the pacts.

Hurdles remain before the agreements, which supporters say will increase U.S. exports by $13 billion, can enter into force. The agreement with South Korea still needs the approval of that country's legislature, and all three countries need to take certain steps before the deals become effective.

Obama did not hold a public signing ceremony for the trade deals,...
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