Free trade with Panama is win-win

Congress should approve this agreement and the critical economic and foreign policy advantages it promises for America.

from the July 5, 2007 edition

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This agreement will boost that performance even further. In 2006, fully 96 percent of Panama's exports to the United States entered duty-free, while US exports to Panama paid a 7 percent tariff on average. By eliminating tariffs immediately on most goods, the agreement will at last provide a level playing field for US companies. In addition, the agreement gives US firms assured access to bid on lucrative contracts for a $5.25 billion canal expansion project.

Panama's recent ascendancy to the 15-member National Security Council of the United Nations acknowledges not only its growing economic and political importance in Western Hemisphere and world affairs, but also its demonstrated diplomatic abilities as a team player, problem solver, and reliable ally. Many times in the past Panama has offered critical assistance to the United States when other nations would not help.

As many members of our Congress know firsthand, Panama has earned America's friendship the old-fashioned way. While some nations in the region have chosen to embrace the failed statist policies of the past and are reverting to authoritarian rule and anti-Americanism, Panama, under the leadership of President Martin Torrijos and Vice President Sammy Lewis, is a thriving democracy with an open and rapidly expanding economy. We must continue to support Panama's progress.

A trade agreement with Panama makes good sense for both the United States and Panama. We, and countless others who have had the privilege of serving in Panama, urge the United States Congress to approve this trade deal on an expedited basis. With complementary service-based economies and a large stake in trade, this is a win-win proposition for both countries.

• Gen. Wesley K. Clark served as commander in chief, Southern Command, and later supreme allied commander, Europe. Joe R. Reeder served as Army undersecretary and chairman of the Panama Canal Commission.

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