JORDAN - Apr. 10 - US May Revise Trade Pact.
It is not without precedent for a new administration to reopen a trade agreement signed by a predecessor. Bush's father signed the North American Free Trade Agreement, or NAFTA, with Canada and Mexico in the closing weeks of his administration. His successor, Clinton, pursued side agreements to address concerns of labour unions and environmental groups. In a meeting much like the one that Bush held on Apr. 10 with King Abdullah, Clinton reassured Pres. Carlos Salinas of Mexico in 1993 that the US would pursue NAFTA but only after additional negotiations. In a brief appearance with reporters on Apr. 10 Bush did not detail his reservations about the deal reached by Clinton. But officials indicated the White House was concerned about the precedent that the labour and environmental agreements might have on future trade agreements. The officials said that Robert Zoellick, Bush's trade representative, was pursuing a compromise. Not everybody believes the deal struck by Clinton requires change. "This agreement is good, as is", said Mike Siegel, a spokesman for Senator Max Baucus, Democrat of Montana.
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|Publication:||APS Diplomat Recorder|
|Article Type:||Brief Article|
|Date:||Apr 14, 2001|
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