Presidential Proclamation 8894 of October 29, 2012, pursuant to the authority provided under section 202(o)(2)(B)(ii) of the United States-Korea Free TradeAgreement Implementation Act, modified the HTS, through section E of Annex III of Publication 4349 of the United States International Trade Commission (the "Commission"), to correct a clerical error regarding a provision of chapter 61 (as included in Annex 4-A of the United States-Korea Free TradeAgreement).
The Congress approved the Agreement in section 101(a) of the United States-Panama Trade Promotion Agreement Implementation Act (the "Implementation Act") (Public Law 112-43, 125 Stat. 497).
Correa's decision to offer the Manta Base to China, refusing to renew the lease to the United States while hypocritically seeking to renew preferential trade privileges under the Andean Trade Promotion and Drug Eradication Act, or ATPDEA, ought to make the US reject the tradeagreement with Quito.