Obama Signs Free Trade Agreements

Oct 21, 2011 10:56am

President Obama has signed into law the long-awaited free trade agreements with South Korea, Panama and Colombia, as well as the latest trade adjustment assistance for workers.

The president originally planned to sign the bills this morning in a White House ceremony, with members of both parties, but opted instead to sign them privately in the Oval Office. The three pacts were passed last week after years of debate and delay, marking one of the few moments of bipartisanship in recent months.

“These trade agreements will significantly boost American exports, support tens of thousands of American jobs and protect labor rights, the environment and intellectual property,” the White House said in a release previewing today’s signing, which lasted about 15 minutes, according to the pool report.

The president will stop by a Rose Garden reception later this morning with business and labor leaders and workers who will benefit from the bills.

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