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The international community frequently demands that wealthy nationsincrease their development assistance to poor nations. The UnitedStates will provide additional assistance, but President Bush isalso prudently pursuing a system that measures the effectiveness ofaid.
The Bush Administration should be concerned about the potentialchaos in the Andean region and take immediate action to adjust itspolicies to address the many problems facing the region before theydeteriorate further.
Congress should act quickly on bilateral free trade agreementssigned between the United States and allies Peru and Colombia. Suchagreements benefit the economies of all partners and enhance agrowing free trade bloc. Extending trade preferences for a shorttime to Bolivia and Ecuador could sustain market openings whileleaders decide on permanent reciprocal agreements.
Helping Argentina Recover, Without IMF Help
Despite being billed as "Comprehensive Trade Negotiating AuthorityLegislation," H.R. 3019 is not a trade promotion authority bill. Inreality, it is designed to appeal to special interests and wouldactually inhibit the ability of the president to negotiate tradeagreements.