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U.S. fast-track trade deal unlikely until next month: Senator Hatch
Source: Reuters
U.S. fast-track trade deal unlikely until next month: Senator Hatch
WASHINGTON Mon Mar 23, 2015 10:11pm EDT
(Reuters) - Bipartisan legislation to streamline the passage of trade deals through the U.S. Congress will probably not be done until next month, the Republican chairman of the Senate Finance Committee said on Monday.
Senator Orrin Hatch said he was prepared to work on a further concession to bring the panel's top Democrat, Ron Wyden, on board, but there was a limit to how far he could compromise on a bill seen as key to finalizing a Pacific trade pact.
"We will probably have to wait until we get back, but if I can get an agreement before, I will do it," Hatch told reporters. Congress goes on a two-week recess at the end of the week.
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Talks on the bill, which would restrict Congress to a yes-or-no vote on trade deals in exchange for setting negotiating objectives, have been held up over Wyden's calls for more transparency and greater congressional involvement, which may help muster support among Democrats wary of trade deals.
[font size=1]-snip-[/font]
WASHINGTON Mon Mar 23, 2015 10:11pm EDT
(Reuters) - Bipartisan legislation to streamline the passage of trade deals through the U.S. Congress will probably not be done until next month, the Republican chairman of the Senate Finance Committee said on Monday.
Senator Orrin Hatch said he was prepared to work on a further concession to bring the panel's top Democrat, Ron Wyden, on board, but there was a limit to how far he could compromise on a bill seen as key to finalizing a Pacific trade pact.
"We will probably have to wait until we get back, but if I can get an agreement before, I will do it," Hatch told reporters. Congress goes on a two-week recess at the end of the week.
[font size=1]-snip-[/font]
Talks on the bill, which would restrict Congress to a yes-or-no vote on trade deals in exchange for setting negotiating objectives, have been held up over Wyden's calls for more transparency and greater congressional involvement, which may help muster support among Democrats wary of trade deals.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2015/03/24/us-usa-trade-congress-idUSKBN0MJ2E720150324
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