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U.S. senator sticking by 'poison pill' tweak to trade bill
Source: Reuters
US | Mon Apr 27, 2015 7:39pm EDT
U.S. senator sticking by 'poison pill' tweak to trade bill
WASHINGTON
(Reuters) - U.S. Democratic Senator Robert Menendez said on Monday he would strongly resist any attempt to override a human-trafficking amendment to trade legislation that some say could derail a Pacific trade pact.
The amendment, approved by the Senate Finance Committee last week, would disqualify trade deals with countries deemed soft on human trafficking from special procedures designed to speed their passage through Congress.
The list of offending countries includes Trans-Pacific Partnership member Malaysia. Experts say the amendment could eliminate the whole pact, which would link 12 countries and cover 40 percent of the world economy, from streamlined treatment - a so-called poison pill.
Menendez, a leading foreign policy voice in Congress, said he would not go along with any attempts to water down the language.
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U.S. senator sticking by 'poison pill' tweak to trade bill
WASHINGTON
(Reuters) - U.S. Democratic Senator Robert Menendez said on Monday he would strongly resist any attempt to override a human-trafficking amendment to trade legislation that some say could derail a Pacific trade pact.
The amendment, approved by the Senate Finance Committee last week, would disqualify trade deals with countries deemed soft on human trafficking from special procedures designed to speed their passage through Congress.
The list of offending countries includes Trans-Pacific Partnership member Malaysia. Experts say the amendment could eliminate the whole pact, which would link 12 countries and cover 40 percent of the world economy, from streamlined treatment - a so-called poison pill.
Menendez, a leading foreign policy voice in Congress, said he would not go along with any attempts to water down the language.
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Read more: http://www.reuters.com/article/2015/04/27/us-usa-trade-trafficking-idUSKBN0NI2ED20150427