Congress passes US-Peru free trade pact in win for Bush
AFP, December, 2007
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WASHINGTON (AFP) — A US-Peru free tade agreement Tuesday cleared Congress and headed to President George W. Bush for signing, a victory in his embattled drive to seal a clutch of trade deals.
The Senate approved the free trade pact on an overwhelming 77-18 vote after lengthy debate since Monday, capping nearly two years of effort by Bush's Republican administration.
While the victory was all but certain, the fate of pending US free trade agreements with Colombia, Panama and South Korea remained problematic.
"I commend the Senate for approving the free trade agreement with Peru with strong bipartisan support," Bush said in a statement.
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"This agreement will level the playing field for American exporters and investors and will expand an important market in this hemisphere for US goods and services, which will help strengthen economic growth and job creation in the United States."
The free trade agreement ...
