Approved Labor and Environmental Rights for New Trade Deals

After my previous post today, I serendipitously found this news that the White House and Democrats have reached agreements regarding future trade deals. These new agreements will be attached to future deals to protect labor rights and environmental right, thus making the approval by Congress easier. The following is from today's New York Times:

By STEVEN R. WEISMAN

Published: May 11, 2007

WASHINGTON, May 10 — The Bush administration reached agreement on Thursday with the House speaker, Nancy Pelosi, and other Democrats to attach environmental and worker protections in several pending trade accords, clearing the way for early passage of some pacts and improving prospects for others.

The unusual agreement, which came after weeks of negotiations, would guarantee workers the right to organize, ban child labor and prohibit forced labor in trading-partner countries. It would also require trading partners to enforce environmental laws already on their books and comply with several international environmental agreements.

While the understanding was a victory for Democrats, it also represented a shrewd compromise by the White House. The agreement is the first major bipartisan economic deal to emerge since Democrats took control of Congress in January. It has immediate importance for four countries — Colombia, Panama, Peru and South Korea — that are seeking to enter into trade pacts with the United States.

But officials in Washington predicted that the agreement’s effect would go beyond those countries and could be a template for all trade deals, including a possible worldwide accord.

Administration officials are hoping that the agreement will cause many Democrats to support future trade deals. They hope that enough Democrats will join with Republicans, who generally support such measures, to make passage of the agreements probable, if only narrowly. read more