Congress has begun consideration of the U.S.-Peru Trade Promotion Agreement, and a decision on its approval is expected by the end of October. A new congressional update takes a look at action on the deal, possibilities for similar agreements with Panama and Colombia, and a U.S. proposal for a new hemispheric aid initiative.

In the latest edition of Poder magazine, COA's Eric Farnsworth and Monica Guevara take a look at how Canada is expanding its reach and influence in Latin America at a time when the U.S. political establishment is divided over hemispheric priorities.

The House Ways and Means Committee voted in support of the U.S.-Peru Trade Agreement this week. Congressional approval is expected in October with the deal viewed as a potential model for other bilateral pacts. COA testimony notes the agreement's passage provides an opportunity to advance strategic policy goals and promote U.S. economic, labor, and environmental interests.

In testimony to the U.S. Senate Committee on Finance, COA Vice President Eric Farnsworth notes that passage of the U.S.-Peru Trade Promotion Agreement is a rare opportunity to advance fundamental strategic policy interests while promoting U.S. economic, labor, and environmental interests.

Topics in this issue
   • Democrats and Bush administration reach compromise on trade
   • Enforcing labor standards
   • Revising intellectual property rights
   • Environment
   • Effects on Trade Promotion Authority

Canadian Minister of International Trade David Emerson emphasizes that strategic interests reach well beyond North America. His country is committed to helping its hemispheric partners create opportunities and reduce poverty through greater economic cooperation.

David L. Emerson, Canadian Minister of International Trade, addessed COA on May 2, 2007.