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CHILE: U.S. CONGRESS APPROVES FREE TRADE AGREEMENT.

NotiSur - South American Political and Economic Affairs, August, 2003

On Aug. 1, the US Senate approved the free-trade agreement (FTA) between the US and Chile by a 66-31 vote, following a 270-156 vote in favor in the House of Representatives a week earlier. The legislation, which included an FTA between the US and Singapore, now goes to President George W. Bush for his signature.

The details of the agreement were settled in February of this year, but the signing was delayed until June because the Bush administration was angered when Chilean President Ricardo Lagos opposed the US-led war against Iraq (see NotiSur, 2003- 03-14). The agreements, which would become effective Jan. 1, 2004, are the first negotiated by the Bush administration using the Trade Promotion Authority (TPA) or fast track.

Sen. Max Baucus (D-MT)...

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