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Need For Renewal Of Fast Track Trade Negotiating Authority

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Need For Renewal Of Fast Track Trade Negotiating Authority

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Author : United States. Congress. Senate. Committee on Finance
language : en
Publisher:
Release Date : 1999

Need For Renewal Of Fast Track Trade Negotiating Authority written by United States. Congress. Senate. Committee on Finance and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.

Need For Renewal Of Fast Track Trade Negotiating Authority Hearing S Hrg 105 881 Committee On Finance U S Senate 105th Congre

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Author :
language : en
Publisher:
Release Date : 1998

Need For Renewal Of Fast Track Trade Negotiating Authority Hearing S Hrg 105 881 Committee On Finance U S Senate 105th Congre written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

Need For Renewal Of Fast Track Trade Negotiating Authority

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Author : United States. Congress. Senate. Committee on Finance
language : en
Publisher:
Release Date : 1997

105 1 Hearing Need For Renewal Of Fast Track Trade Negotiating Authority S Hrg 105 881 June 3 1997

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Author : United States. Congress. Senate. Committee on Finance
language : en
Publisher:
Release Date : 1999*

105 1 Hearing Need For Renewal Of Fast Track Trade Negotiating Authority S Hrg 105 881 June 3 1997 written by United States. Congress. Senate. Committee on Finance and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999* with categories.

Need For Renewal Of Fast Track Trade Negotiating Authority

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Author : United States. Congress. Senate. Committee on Finance
language : en
Publisher:
Release Date : 1999

Crs Report For Congress

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Author : J. F. Hornbeck
language : en
Publisher: BiblioGov
Release Date : 2013-10

Crs Report For Congress written by J. F. Hornbeck and has been published by BiblioGov this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10 with categories.

On July 1, 2007, Trade Promotion Authority (TPA -- formerly known as fast track), expired. TPA is the authority Congress grants to the President to enter into certain free trade agreements (FTAs), and to have their implementing bills considered under expedited legislative procedures, provided he observes certain statutory obligations in negotiating them. TPA allows Congress to exercise its constitutional authority over trade, while giving the President added leverage to exercise his authority to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements are given swift and unamended consideration. TPA reflects years of debate, cooperation, and compromise between Congress and the Executive Branch in finding a pragmatic accommodation to the exercise of each branch's respective authorities. The core provisions of the fast track legislative procedures have remained unchanged since first enacted in 1974, although Congress has expanded trade negotiation objectives, oversight, and presidential notification requirements. While early versions of fast track/TPA received broad bipartisan support, renewal efforts became increasingly controversial as fears grew over real and perceived negative effects of trade, and as the trade debate became more partisan in nature, culminating in a largely party-line vote on the 2002 renewal. The current renewal debate is centered on ...

Crs Report For Congress

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Author : Congressional Research Service: The Libr
language : en
Publisher: BiblioGov
Release Date : 2013-11

Crs Report For Congress written by Congressional Research Service: The Libr and has been published by BiblioGov this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11 with categories.

One of the major trade issues in the 107th Congress is whether or not Congress approves trade promotion authority (formerly called fast-track authority) for the President to negotiate trade agreements with expedited procedures for implementing legislation. Under this authority, Congress agrees to consider legislation to implement the trade agreements (usually nontariff trade agreements) under a procedure with mandatory deadlines, no amendment, and limited debate. The President is required to consult with congressional committees during negotiation and notify Congress before entering into an agreement. The President was granted this authority almost continuously from 1974 to 1994, but the authority lapsed and has not been renewed. A major issue has been the role of labor and the environment as objectives in trade agreements. Differences have been largely along party lines. On December 6, the House passed TPA bill H.R. 3005 along party lines by a vote of 215-214. The bill covers tariff and nontariff agreements entered into by June 1, 2005. For expedited procedures to apply to legislation to implement a trade agreement, the agreement would have to "make progress" toward meeting the outlined negotiating objectives and satisfy other specified conditions. The President would have to consult with congressional bodies, including the ...

Trade Promotion Authority Tpa Fast Track Renewal

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Author :
language : en
Publisher:
Release Date : 2007

Trade Promotion Authority Tpa Fast Track Renewal written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.

Trade promotion authority (TPA), formerly known as "fast-track" authority, is scheduled to expire July 1, 2007. With it will expire the authority: (a) that Congress grants the President to enter into certain trade agreements, and (b) for Congress to consider the agreements' implementing legislation under expedited procedures. Currently, the Administration is negotiating a number of trade agreements that may not be completed before the current TPA is set to expire. If these activities are to continue, TPA/fast-track renewal may be a central issue in the 110th Congress. Within the debate, a major issue is expected to be whether to include as a principal negotiating objective in trade agreements, "enforceable core labor standards." Two TPA/fast-track authorities have incorporated labor provisions. The first, the Omnibus Trade and Competitiveness Act of 1988 (OTCA), which expired in 1994, included the broad, general objective: "to promote worker rights." The North American Free Trade Agreement, with its labor side agreement, was negotiated under OTCA. The second and current TPA/fast-track authority with labor provisions, the Trade Act of 2002, includes protections for labor, modified by protections for country governments, businesses and investors. Seven free trade agreements (FTAs) -- with Chile, Singapore, Australia, Morocco, Bahrain, Oman, and the Dominican Republic and Central America -- were negotiated under this authority. All have only one enforceable labor requirement: that each country not fail to enforce its own labor laws in a manner affecting trade between the parties. (In contrast to this, the U.S.-Jordan FTA, negotiated in 2000 and approved in 2001 without TPA/fast track authority, includes enforceable labor provisions.) Major options for labor provisions in renewed TPA focus on whether principal negotiating objectives should include "enforceable core labor standards." Supporters argue that including these could help: (1) slow the offshoring of certain U.S. jobs; (2) protect foreign workers against exploitative corporate behavior; (3) support the ability of workers to share in the gains from international trade; and (4) fend off an international "race to the bottom" based on labor costs. Opponents argue that: (1) core labor standards should be promoted by the International Labor Organization, not by trade agreements; (2) as countries develop, they adopt higher labor standards on their own; (3) stronger worker protections could discourage international investment; and (4) labor standards are disguised protectionism. History shows that with or without FTAs, trade will likely continue to grow. This report examines issues relating to TPA/fast-track labor provisions in the larger context of global labor issues. It: (1) identifies the players and their positions; (2) tracks the enforceable labor provisions in TPA/fast-track laws and the FTAs negotiated under them; (3) presents some legislative options for new TPA/fast-track labor provisions; and (4) sets out arguments for and against enforceable core labor standards. Finally, it looks at possible outcomes and implications of the various legislative options. This report will be updated as events warrant.

Crs Report For Congress

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Author : J. F. Hornbeck
language : en
Publisher: BiblioGov
Release Date : 2013-10

On July 1, 2007, Trade Promotion Authority (TPA--previously fast track), expired. TPA is the authority Congress grants to the President to enter into certain reciprocal (free) trade agreements (FTAs), and to have their implementing bills considered under expedited legislative procedures, provided he observes certain statutory obligations in negotiating them. TPA defines how Congress has chosen to exercise its constitutional authority over a particular aspect of trade policy, while presumably giving the President added leverage to exercise his authority to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements will be given swift and unamended consideration. TPA reflects years of debate, cooperation, and compromise between Congress and the Executive Branch in finding a pragmatic accommodation to the exercise of each branch's respective authorities over trade policy. The core provisions of the fast track legislative procedures have not changed since first enacted in 1974, although Congress has expanded trade negotiation objectives, oversight, and presidential notification requirements. While early versions of fast track/TPA received broad bipartisan support, renewal efforts have become increasingly controversial as fears have grown over the negative effects of trade, and as the trade debate has become more partisan and constituent driven, culminating in a party-line vote ...

Fast Track Trade Negotiating Authority

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Author : United States. Congress. House. Committee on Agriculture. Subcommittee on General Farm Commodities
language : en
Publisher:
Release Date : 1997

Fast Track Trade Negotiating Authority written by United States. Congress. House. Committee on Agriculture. Subcommittee on General Farm Commodities and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.

Need For Renewal Of Fast Track Trade Negotiating Authority

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