Agriculture and Fast Track or Trade Promotion Authority

[摘要] New “fast track,” or trade promotion, authority (TPA) cleared the 107th Congress, and was signed into law (P.L. 107-210) on August 6, 2002. Such authority enables the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Many agricultural and food industry interests were among the export-oriented enterprises that supported TPA, arguing that foreign trading partners would not seriously negotiate with an Administration that lacked it. However, some farm groups argued that fast track ultimately will lead to new agreements that have adverse effects on U.S. producers, at least of some commodities.

[发布日期] 2002-11-07 [发布机构] Library of Congress. Congressional Research Service.

[关键词] Congress;Trade agreements;Expedited congressional procedure;Trade;International affairs