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White House Defends Nafta Trade Agreement Against Democratic Attacks
Published in Saudi Press Agency on 18 - 04 - 2008


The White House on Friday vigorously
defended the 14-year-old free-trade agreement among the
United States, Mexico and Canada against sharp criticism
from Democratic presidential candidates Hillary Rodham
Clinton and Barack Obama, according to ap.
«There's nothing broken. Why fix it?» said Dan Fisk,
senior director of Western hemisphere affairs for National
Security Council. He acknowledged the administration must
do a better job of explaining the benefits of the
agreement.
Both Clinton and Obama have threatened to pull out of the
North American Free Trade Agreement to pressure Canada and
Mexico to negotiate more protections for workers and the
environment in the agreement. The accord has removed most
barriers to trade and investment among the three countries.
NAFTA will be a major topic when President George W. Bush
joins Canadian Prime Minister Stephen Harper and Mexican
President Felipe Calderon in New Orleans on Monday and
Tuesday for his fourth and final North American Leaders'
Summit.
Bush has suffered a major setback on the trade front with
the derailing of a proposed free-trade pact with Colombia.
Bush sent the agreement to Congress earlier this month, but
the House of Representatives, led by Democrats, decided to
eliminate a rule forcing a vote on the deal within 60
legislative days. The House's decision probably kills
consideration of the agreement this year, leaving it for
the next administration.
«Leaders in Congress have made a serious error,» Bush
said in a speech. «A serious error for economics reasons.
A serious error for security reasons. It's not too late,
however, for them to get it right.»
On NAFTA, the White House contends the agreement has been
a boon for the economies of all three countries. Three-way
trade has swelled from roughly $290 billion (¤183.78
billion) in 1994 to about $1 trillion (¤630 million) by the
end of this year, Fisk said at a briefing on next week's
summit.
«We think NAFTA works,» he said. Fisk said the criticism
from the campaign trail has gotten a lot of attention from
U.S. trading partners. «Some of the statements that have
been made here have made bigger headlines in Canada and
Mexico than they have here,» he said.
«We want to find ways to, frankly, convince the American
people from our perspective first and foremost that this is
an arrangement that has worked for us and it's also worked
for our neighbors,» he said. «It's been a win-win
situation.»


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