Obama to submit three trade agreements to Congress

Washington, Jul 8 (PTI) US President Barack Obama today said that he would soon present three controversial trade agreements with South Korea, Panama and Columbia to the Congress for consideration.

Obama made an announcement in this regard when he laid down his plan to double the US export in the next five years, for which he announced a reconstituted President’s Export Council to be headed by Boeing CEO Ursula Burns.

Hoping to move forward on new agreements with some of America’s key partners, Obama said he has instructed US Trade Representative Ron Kirk to begin discussions to help resolve outstanding issues with the pending Korean Free Trade Agreement before his visit to South Korea in November.

“It’s an agreement that will create new jobs and opportunity for people in both of our countries,” he said.

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