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Kirk Says Panama Free-Trade Agreement Ready for Congress

U.S. Trade Representative Ron Kirk said a free-trade agreement with Panama is ready to be considered by Congress after the nation’s leaders took actions sought by the Obama administration.

Kirk sent a letter to the Senate Finance and House Ways and Means committees saying he is ready to begin technical discussions on legislation for the agreement, according to a statement today. The U.S. and Panama today began exchanging tax information, a requirement by the U.S. for advancing the trade deal, the Treasury Department said in a separate statement.