Advancing Liberty, Prosperity and Security in the Western Hemisphere
Recorded on October 17, 2008
Location: The Heritage Foundation's Allison Auditorium
Advancing prosperity and security throughout the Western
Hemisphere is in the United States' vital national interests.
Advancing free trade is a cornerstone of this endeavor. Free
trade between friendly countries advances mutual economic freedom
and prosperity. It also strengthens partnerships in security
cooperation and enhances regional stability. In an era where
opponents of liberty are making an aggressive oil-revenue-fueled
push, strengthening partnerships with friendly neighbors in the
Western Hemisphere is as important as ever.
Key questions need to be considered. How does unilaterally
demanding the renegotiation of trade agreements like NAFTA - which
passed with bipartisan support - impact both the U.S. and friendly
border-sharing countries like Canada and Mexico? How can we
better work together instead? Why should Congress give due
consideration to pending free trade agreements with pro-U.S.
countries such as Colombia and Panama? How are the U.S. and
partner countries such as Costa Rica benefiting from CAFTA?
How does the Chile-U.S. FTA benefit both countries? Should
trade agreements contain stiffer labor and environment
conditionality? How does the U.S. make sure that mistakes of
the past are not repeated by reverting to self-defeating
protectionism as we did in the depression of the 1930s? What
are the success stories and lessons learned? How should we
work together to better with partner countries to advance liberty,
prosperity and security in the Western Hemisphere?