A news advisory: *THE PRESIDENT WILL MAKE A STATEMENT ON THE COLOMBIA FREE TRADE AGREEMENT AT 11:35 AM TODAY, APRIL 7, 2008, IN THE ROSE GARDEN – POOL FOR CAMERAS; OPEN FOR CORRESPONDENTS. PRE-SET: 10:15 AM; FINAL CALL: 11:10 AM*
UPDATE (10:35 a.m.) The President will send the agreement to the Hill.
UPDATE (10:10 a.m.) Treasury Secretary Paulson spoke about the Latin American free trade agreements in remarks to the Inter-American Development Bank in Miami Beach this morning.
We see this in Colombia, where President Uribe has succeeded in transforming his country into one of the most stable and strong democracies in the region. Dramatic economic improvements have followed increased safety and security — Colombia has one of the highest growth rates in the region, and poverty and unemployment are at ten-year lows. Congressional approval of the Colombian free trade agreement will reinforce democracy in Latin America by showing support for a key ally, an ally who has made significant advancements to combat violence and instability.
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