Finance Witnesses Advocate For FTA Enforcement Prior To Entry Into Force

Private-sector witnesses at a March 3 Senate Finance Committee hearing drove home the point that the U.S. must ensure foreign trading partners comply with the obligations they have taken on in a free-trade agreements before they go into effect. Once an FTA enters into force, the U.S. has less leverage because the only recourse is dispute settlement, the witnesses said. They offered that assessment as a partial answer to the questions by attending senators on how the U.S. government could...