Statement of Public Citizen's Global Trade Watch Director Lori Wallach on Decision to Remove Fast Track Treatment from Colombia Free Trade Agreement:
We applaud House Speaker Nancy Pelosi for reasserting congressional authority over trade by removing Fast Track treatment from the Colombia Free Trade Agreement (FTA).
The United States should never have negotiated a trade agreement with Colombia, a country with a shameful record of labor leader assassinations and systematic violence against Afro-Colombian communities whose current government has been linked to deadly right wing paramilitaries.
The Colombia FTA includes the most egregious provisions of NAFTA, including extraordinary foreign investor protections that promote offshoring of U.S. jobs and expose domestic health and environmental laws to attack in foreign tribunals; and agriculture rules that will devastate hundreds of thousands of subsistence farmers in Colombia, making them poorer and undermining U.S. security interests in the region. The deal also replicates NAFTA's limits Buy America and green procurement policies and on imported food safety and inspection requirements.