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House Approves "Fast Track".(trade laws, United States)(Brief Article)
Following months of intense arm-twisting by President Bush and his Trade Representative, Robert B. Zoellick, the U.S. House of Representatives approved legislation granting "Fast Track" authority to the president. In a razor-thin 215-214 vote, the House passed H.R. 3005 to give the president broad negotiating authority on trade issues. Formerly known as "Fast Track," the new designation, "Trade Promotion Authority," limits congressional say in any trade agreements to a final up or down vote on the end product of the White House's trade negotiations. The New York Times reported on December 7th that "Zoellick said the added authority would make it far easier to achieve the administration's two top trade priorities: broadening NAFTA to include Central and South America and completing global trade talks that were started in Doha, Qatar, last month."
The "broadening" Zoellick ...
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Source: HighBeam Research, House Approves "Fast Track".(trade laws, United States)(Brief Article)