Congress begins to address trade promotion authority
Posted: 10/18/2013 |
For 80 years U.S. Presidents have negotiated trade agreements based on objectives jointly established by the President and Congress. That partnership during the last 40 years has been under legislation earlier called ‘fast-track authority’ and more recently Trade Promotion Authority (TPA). The Obama Administration has almost completed the Trans-Pacific Partnership (TPP) free trade agreement (FTA) negotiations and has begun the Transatlantic Trade and Investment Partnership (TTIP) talks without such a partnership agreement with Congress.