"After Congress passed Trade Promotion Authority (TPA) legislation in August 2002 (P.L. 107-210), the United States implemented free trade agreements (FTAs) with Chile, the Dominican Republic, the Central American countries, and Peru. The United States has also concluded FTAs with Colombia and Panama, which await congressional action. Talks on the region-wide Free Trade Area of the Americas (FTAA), by contrast, have stalled. The 110th Congress may consider implementing legislation for one or both of the pending bilateral agreements. This report provides an analytical overview of U.S.-Latin American trade data and trends in support of congressional interest in U.S.- Latin American trade relations. It will be updated."
CRS Report for Congress, 98-840