Bookmark and Share Home   »  Understanding the Issues  »  Free Trade Agreements

Why Oppose the Colombia, Panama and Korea trade agreements?

We need your help derailing the dangerous, NAFTA-based trade agenda now, before it’s too late. Here’s what we’re facing:

  • The Colombia Free Trade Agreement threatens to exacerbate the ongoing human rights catastrophe in Colombia.  Last year, more labor leaders were killed in Colombia than in the rest of the world combined.  The country recently surpassed the Sudan as home to the most internally-displaced people in the world.  Not only is there no binding language in the FTA to prevent labor assassinations and other human rights violations, but the agricultural dumping anticipated would increase mass displacement in many of Colombia’s most conflict-ridden regions.  
  • The Panama Free Trade Agreement not only repeats most of the problems associated with NAFTA and CAFTA, but it does so with a notorious tax haven.  Panama has long been a key target of both the Organization for Economic Cooperation and Development (OECD) and the G7’s “Financial Action Task Force” for resistance to combating tax evasion and money laundering.  Panama is second only to Hong Kong as a home for multinational firms’ subsidiaries — many created with the sole purpose of evading taxes.  This deal would give Wall Street and other moneyed interests further power to dodge their tax obligations.
  • The Korea Free Trade Agreement is the largest trade deal of its type since NAFTA — far larger in terms of volume of trade than anything President Bush was able to pass during his eight years in office.  If enacted, Korean imports are projected to displace 888,000 American jobs within just seven years, with well-paying industries among those hit hardest.  The FTA has faced massive resistance in South Korea, where it is rightly viewed as an assault on worker and consumer rights.  This deal would hurt working people in both countries at a time when we can least afford it.  
Click here to send a message to your representatives in Washington, asking them to block these unfair trade agreements.