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ITC starts assessment of U.S.-Panama trade promotion agreement

ITC starts assessment of U.S.-Panama trade promotion agreement

The U.S. International Trade Commission said it has begun an investigation into the economic impact of a comprehensive U.S.-Panama trade promotion agreement recently proposed by President Bush.

   The 2002 Trade Act requires the ITC to assess the likely impact of proposed free trade agreements on the U.S. economy as a whole and on specific industry sectors and the interests of U.S. consumers.

   The ITC will hold a public hearing related to the investigation on May 16 at its headquarters in Washington. For more information, access the agency’s Web site at http://www.usitc.gov, or call (202) 205-2000.