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Obama: Free-trade pact with Colombia a ‘high standards’ agreement
http://thehill.com/blogs/on-the-money/1005-trade/221499-obama-free-trade-pact-with-colombia-a-high-standards-dealPresident Obama on Saturday urged U.S. and Latin American business leaders to act on the "enormous opportunity" closer economic ties would bring and defended a free-trade agreement with Colombia as a "win-win" for both nations.
Obama, who is attending the 33-nation Summit of the Americas in Cartagena, Colombia, addressed executives from the U.S. and Latin American countries.
At the summit, Obama will meet with Colombian President Juan Manuel Santos to discuss a wide range of issues, including the free trade deal agreed to by the U.S. and Colombia in October 2011.
In his address, Obama defended the agreement between Colombia and the U.S., saying that it was "an example of a free trade agreement that benefits both sides."