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We don’t say it all that often, but President Bush is right: Congress should pass the Colombian free-trade agreement now.
Mr. Bush signed the deal two years ago. The Democratic majority in Congress has refused to approve it out of a legitimate concern over the state of human rights in Colombia and less legitimate desires to pander to organized labor or deny Mr. Bush a foreign policy win.
We believe that the trade pact would be good for America’s economy and workers. Rejecting it would send a dismal message to allies the world over that the United States is an unreliable partner and, despite all that it preaches, does not really believe in opening markets to trade. There is no more time to waste. If the lame-duck Congress does not approve the trade pact this year, prospects would dim considerably since it would lose the cover of the rule (formerly known as fast track) that provides for an up-or-down, no-amendment vote.
Because of trade preferences granted as part of the war on drugs, most Colombian exports already are exempt from United States tariffs. The new agreement would benefit American companies that now have to pay high tariffs on exports to Colombia.
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More at:
http://www.nytimes.com/2008/11/18/opinion/18tue1.html?em