In fact, it would be the largest Western Hemisphere pact since NAFTA. Past free trade deals have failed to live up to the promise of prosperity, and have served to further benefit multinational corporations. This one appears to be no different.
http://intelstrike.com/?p=242
I thought the comments on the Colombia FTA in the article I recently posted to Vive, Bush's Last Stand ( see: http://americas.irc-online.org/am/5178 ), where Foreign Policy in Focus responded to the SPP summit Joint Leaders' Statement, were insightful.
Quoting that article, "The aim of the Bush administration at the summit was to enlist the help of the governments of Canada and Mexico to essentially tie the hands of the incoming president. In a nation clamoring for change, this objective runs counter to public sentiment and violates democratic principles...Again, the summit is being used to advance the failing Bush administration domestic agenda. Colombia is not part of North America and the prominence of this issue in the official statements can only be explained in this context...Considering again that the U.S.-Colombia Free Trade Agreement is not an issue in Mexico, the geopolitical strategy of building alliances among rightwing governments in the hemisphere to confront the growing number of leftwing governments becomes clear. This ideological taking sides has no place in a trilateral summit dedicated to North American integration issues and panders to the Bush agenda."