Business Hopes For Peru Hearings By June; FTA Drafting Continues

Pressure is mounting on House Ways and Means Democratic staff and the Bush Administration to finish drafting the legislative language reflecting the new free trade agreement template they have developed, as business and the administration are seeking hearings on the U.S.-Peru free trade agreement in both the trade committees in the House and Senate by the end of June. A House Ways and Means Committee Democratic aide yesterday (June 7) insisted that there is no tentative schedule for a hearing...