Lori Wallach on HuffPo: "Obama trade policy perils: Korea FTA talks resume tomorrow"
Obama’s Decision to Push Bush’s NAFTA-Style Korea Trade Deal Without Real Fixes Is Major Policy, Political Mistake

More Than TIEA is Needed for Panama Trade Deal

The Obama administration signed a Tax Information Exchange Agreement (TIEA) with Panama yesterday. But a lot of work remains to be done before resolution of Congress’ concerns that no U.S.-Panama “free trade agreement” be considered until Panama cleans up its financial secrecy practices. Verifying that Panama is actually making the necessary changes will take some time. This gives the Obama administration the space to modify the terms of the deal that would make fighting tax-haven abuses difficult.

Read Todd Tucker's statement.

Panama FTA
 
 

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