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Panama "Free" Trade Agreement

Money laundering has no place in trade agreements.

 
Panama’s economy thrives on banking secrecy, and its “comparative advantage” rests on the ease with which U.S. companies can create subsidiaries there to evade U.S. taxes. A Government Accountability Office study identified Panama as the only current or prospective FTA partner listed on all of the major tax-haven watchdog lists.

Panama Recognizes Slim Chances of Near Term FTA Ratification
August 26, 2009

White House Puts Panama FTA on Back Burner
June 1, 2009

White House Won't pay Political Price for Panama FTA
Inside US Trade Analysis on end of the six week trade frenzy
May 27, 2009

Facing Progressive Pressure, Obama Backs off Panama Free Trade Agreement
May 22, 2009

What elected Offials are Saying

Letter from 55 House Members to Speaker Pelosi, Opposing the FTA

May 21, 2009

Opposition Letter from 54 House Members to President Obama
February 26, 2009

 
California Chronicle, May 21, 2009

John Kerry: Let's close tax evader loopholes in Panama
May 21, 2009
 
 
Representative Michaud: Stop Pursuit of Panama Trade Pact
March 24, 2009
 
May 19, 2009
September 19, 2007

Letters On Panama FTA
 
“On behalf of our more than twelve million combined members, we are writing to express our strong opposition to the Panama “Free Trade Agreement” (FTA). This pact reflects the unsuccessful ending point of the past administration’s trade policy and should not serve as the starting point for the newCongress and administration.”
“Panama’s economy thrives on banking secrecy and money laundering. Panama’s ‘comparative advantage’ is the ease with which U.S. companies can create local subsidiaries there for the purpose of dodging U.S. taxes.”
“[The] May 10, 2007 compromise did not resolve all of our concerns with regard to those modified chapters . . . we urge you to not bring any of the pending trade agreements to Congress, or negotiate new ones, until a comprehensive review of the impacts of our current trade model on development, workers rights and the environment have been conducted and any necessary changes made”
 
From The Honorable Michael H. Michaud
March 29th, 2009
 
Labor Council for Latin American Advancement (LCLAA)
Resolution Opposing Expansion of Nafta/Cafta Trade Models to Panama
August 4-8, 2008

Change To Win
May 11, 2007

International Association of Machinists and Aerospace Workers
Vote Against the Panama Free Trade Agreements
August 2, 2007
 
The United States Needs a New Pro-Environment Trade Policy
Amazon Watch, American Lands Alliance, ForestEthics, Greenpeace USA, Rainforest Action Network, from October 5, 2007
 
U.S. Labor Education in the Americas Project (USLEAP)
 
Organización Nacional Agropecuario of Panamá (ONAGRO)
September 2007
 
Opposition Alerts
 
Citizens Trade Campaign
 
Teamsters
 
Global Trade Watch
Oregon Fair Trade Campaign
 
Washington Fair Trade Campaign
 
Peace Action Maine
 
Global Trade Watch
 
Change.org Fair Trade Site
 
Nicaragua Network  
 
Cultural Survival -- Crisis in Panama
Naso villagers plead for help

ONAGRO

Oppose Expansion of NAFTA/CAFTA
National Latino Congreso, October 6, 2007
 
Editorials
 
By JAMES P. HOFFA 

David Sirota, May 22, 2009
 
Daily Kos, ‎May 20, 2009‎
 
By Arthur Stamoulis on May 05, 2009
 
By David Sirota on 5/7/09
 
By David Sirota on 5/4/09
 
Kari Koch, Northeast Portland, April 07, 2009
 
Hoffa To Bush: Drop Free Trade
Forbes, December 16, 2007
 
By Peter Riggs, Tax Justice Network in August 2007
 
Reports
 
Public Citizen
 
 
Task Force on Financial Integrity and Economic Development
 
US State Department country report
 
GAO report referencing Panama tax secrecy
 
Global Justice for Animals and the Environment.
 
International Relations and Security Network: Panama City, A Smuggler's Haven
“Panama City Is Where Globalization Meets The Black Market”
 
Human rights violation petition filed in the World Court in March 2009 
Richard Lehman v. Panama
 
 
Recent News (with internet links)

U.S. trade chief tries to allay lawmakers' worries
 
Bloomberg on May 1, 2009
 
The Panama News on May 1 2009
 
The Panama Star on March 6th, 2009
 
PBS NewsHour online on April 15, 2009
Rueters on Wed Mar 11, 2009
 
The Times online on April 13, 2009
 
Inside U.S. Trade on 5/1/2009
 
New York Times on March 20, 2009
Panama Star on March 24, 2009
 
 
Panama Star on April 22, 2009
 
Articles, Editorials & Press Releases 2008

Bush lobbies Congress to pass free-trade deals
Associated Press, May 23, 2008

Panama FTA: Uncertain Fate
Latin Business Chronicle, April 21, 2008

Bush to Pitch Free Trade
Wall Street Journal, January 28, 2008

NYT Column Supporting Free Trade Draws Sharp Criticism
Yonhap News Agency, January 21, 2008
Articles, Editorials & Press Releases 2007
 

Standing Up to NAFTA
Center for International Policy (CIP), December 18, 2007

Fugitive From U.S. Justice Leads Panama’s Assembly
New York Times, November 28, 2007

Democratic split on trade remains
MarketWatch, November 16, 2007

The Invisible Culture of Corruption
Daivd Sirota, October 19, 2007

Trade winds shift for Bush
Washington Post, October 14, 2007

Teamsters Challenge Bush on Free Trade Arguments
Press Release, October 12, 2007

A slow fade for free trade
San Francisco Chronicle, October 12, 2007

U.S.-Panama trade pact looks shaky
LA Times, October 11, 2007

White House Fans Out For Trade Push, Aware of Skepticism 
Wall Street Journal, October 11, 2007

A Shift in Bush's Trade Politics
Washington Post, October 10, 2007

Panama Ratifies Free Trade Deal with US
Associated Press, July 12, 2007

House Democratic Leadership's Deal With USTR Has Serious Problems 
Statement by Citizens Trade Campaign, May 23, 2007

Environmental Groups Respond to Trade Deal
Statement by Defenders of Wildlife, Earthjustice, Friends of the Earth, Sierra Club Regarding Trade and Environment Deal, May 14, 2007
 
Articles, Editorials & Press Releases 2004
 
Letter of concern on US-Panama Trade Talks
Alliance for Responsible Trade, December 6, 2004
Letter to Congress on US-Panama Trade Talks
ANAVI, December 6, 2004
Panama, U.S. Make Trade Talks Progress
Associated Press, October 22, 2004
Panama, U.S. Launch 5th Trade Talk Round
Associated Press, October 18, 2004
Coalition Protests U.S.-Panama Talks on Trade in Tampa, Florida
Tampa Tribune, August 12, 2004
Thousands In Panama Protest Free Trade Talks
Associated Press, July 15, 2004
 
More:

Free Trade Agreements Taking Different Paths 
Women's Wear Daily, September 18, 2007
Trade agreements seen as crucial
Capital Press, September 18, 2007
Conference to Focus on Trade Protection
AP, September 17, 2007
Congress Considers Peru Trade Pact As Prelude to Tougher Deals 
Miami Herald, September 17, 2007
Free-Trade Initiatives are on Life-Support as Export Growth Slows
Miami Herald, September 16, 2007
U.S. to Panama: Lawmaker may affect trade deal
Associated Press, Septeberm 14, 2007
US Officials Say Panama Trade Deal May be in Jeopardy
Voice of America, September 14, 2007
Murder case could be obstacle to free trade agreement
Bloomberg, September 13, 2007
U.S. Promotes Trade with Panama as Tool to Compete With China Bloomberg, September 13, 2007
Bush officials tout trade agenda, woo Congress
Reuters, September 10, 2007
U.S. gov't launches fall campaign to pass FTAs with S. Korea, three other nations Yonhap News Agency, September 10, 2007
White House gearing up drive for Latam trade pacts
Reuters, September 8, 2007
Support growing for trade pacts, U.S. Democrats say 
Reuters, September 5, 2007
Panama, Peru Pacts Likely for Action as Democrats Weigh Trade Politics Congressional Quarterly, September 5, 2007
Free-trade deals face rocky path
The Hill, September 4, 2007
Why are we negotiating a Free Trade Agreement with Tax Haven Panama?
Tax Justice Network-USA, August 2007
Congress may move quickly on Peru trade: aides
Reuters, August 30, 2007
Ways & Means Chairman Explains His Trade Legislation Philosophy
Manufacturing and Technology News, July 31, 2007
New Report Reveals How Pending Trade Agreements Will Worsen Imported Food Safety Problem
Public Citizen, July 25, 2007
Trade Harmony Between Congress, Bush Suffers a Setback Due to a New Demand
Wall Street Journal, July 23, 2007
Panama Agriculture Minister Resigns Over US Talks
Reuters, January 10, 2006
 
 
Plus:  Talking Points on Opposition to the Panama FTA






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