Although the Office of the U.S. Trade Representative (USTR) and other trade-related agencies have not been staffed up yet, the annual USTR report to Congress (PDF) says that they hope to move the NAFTA expansion to Panama "relatively quickly." According to Congress Daily PM:
Lori Wallach, director of Public Citizen's Global Trade Watch, noted that as a senator, Obama co-sponsored legislation to crack down on overseas tax shelters that specifically listed Panama. "Having a vote on this begs the question of the wisdom of picking a big political brouhaha" while in the midst of sensitive negotiations on health care and climate change, Wallach said. "President Obama certainly doesn't want to have trade policy start with hangovers and leftovers from the Bush administration, if in fact this document represents the Obama trade policy."
“It’s a political miscalculation,” Lori Wallach, president of Global Trade Watch, which has organized opposition to Nafta, Peru and other trade pacts. A vote would provoke “huge political unpleasantness,” he said...
Labor unions and many Democrats say they oppose the Colombia deal because of a history of violence against union organizers in that South American nation.