•HRES 1124 IH 
make and sell to other countries, the more jobs we sup-
port right here in America.’’; 
Whereas the United States International Trade Commission 
(USITC) has concluded that the United States–Panama 
Free Trade Agreement would significantly increase 
United States exports to Panama; 
Whereas 88 percent of United States commercial and indus-
trial exports to Panama would become duty-free upon im-
plementation of the United States–Panama Free Trade 
Agreement, and approximately 50 percent of United 
States farm exports to Panama would achieve immediate 
duty-free status; 
Whereas the USITC has concluded that a free trade agree-
ment with Colombia would significantly increase market 
access for United States goods and services in Colombia; 
Whereas currently more than 90 percent of Colombian ex-
ports to the United States enter duty-free, while United 
States exports to Colombia face duties of up to 20 per-
cent; 
Whereas the United States–Colombia Free Trade Agreement 
would immediately eliminate duties on 80 percent of 
United States exports of consumer and industrial prod-
ucts to Colombia; 
Whereas the USITC has concluded that United States gross 
domestic product would increase by $10 billion to $12 
billion annually once the United States–Korea Free 
Trade Agreement is fully implemented; 
Whereas under the United States–Korea Free Trade Agree-
ment, almost 95 percent of trade in consumer and indus-
trial products would become duty-free within 3 years, 
with most remaining tariffs eliminated within 10 years; 
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•HRES 1124 IH 
Whereas during the State of the Union, President Obama 
also said that ‘‘[w]e have to seek new markets aggres-
sively, just as our competitors are. If America sits on the 
sidelines while other nations sign trade deals, we will lose 
the chance to create jobs on our shores.’’; 
Whereas Colombia has concluded free trade agreements with 
Canada and countries throughout Latin America and is 
currently negotiating a free trade agreement with the Eu-
ropean Union; 
Whereas Panama has negotiated free trade agreements with 
Canada, Singapore, Taiwan, Chile, El Salvador, the Do-
minican Republic, Costa Rica, Nicaragua, Guatemala, 
and Honduras; 
Whereas, on October 15, 2009, the European Union and 
South Korea signed the world’s biggest free trade agree-
ment since 1994; 
Whereas United States competitors continue to expand their 
presence in regions where the United States has tradi-
tionally been the principal trade partner, as exemplified 
by the tenfold increase in China’s trade with Latin Amer-
ica from 2000 to 2007, which reached $142 billion in 
2008; and 
Whereas during his State of the Union, President Obama de-
clared that ‘‘we will strengthen our trade relations in 
Asia and with key partners like South Korea and Pan-
ama and Colombia.’’: Now, therefore, be it 
Resolved, That the House of Representatives— 
(1) strongly supports President Obama and his 
agenda to strengthen United States trade relations 
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•HRES 1124 IH 
in Asia and with key partners like South Korea, 
Panama, and Colombia; 
(2) remains concerned that the United States 
risks losing markets in Colombia, Panama, and 
South Korea to its competitors due to its inaction as 
these and other countries continue to move forward 
with their respective free trade agreements; and 
(3) calls on President Obama to submit to Con-
gress the trade agreements the United States has 
signed with Colombia, Panama, and South Korea 
and work to ensure that they secure passage as 
quickly as possible. 
Æ 
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