13 Oct '11, 6pm

Friends of the Earth denounces passage of unjust trade agreements

Contact: Kelly Trout, 202-222-0722, [email protected] Nick Berning, 202-222-0748, [email protected] Friends of the Earth denounces passage of unjust trade agreements President Obama broke his campaign promises in backing Bush-era trade pacts that repeat mistakes of NAFTA WASHINGTON, D.C. -- With President Obama’s backing, Congress yesterday passed trade agreements with South Korea, Colombia and Panama that are based on the flawed model of the North American Free Trade Agreement. Erich Pica, president of Friends of the Earth, had the following statement in response: “President Obama broke his campaign promise by championing these unjust trade deals. The pacts with South Korea, Colombia and Panama will empower big multinational corporations and Wall Street investors to pursue quick profits at the expense of environmental protections, human rights and shared economic prosperity. ...

Full article: http://www.foe.org/friends-earth-denounces-passage-unjust...

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