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Trade bill for ROZs stalled

WASHINGTON: A bill sought by US President Barack Obama to offer trade advantages in certain areas of Pakistan and Afghanistan is stalled on Capitol Hill. “They’ve sort of reached an impasse,” said Edward Gresser, trade policy director at the Democratic Leadership Council. Having the bill assigned to the same Senate panel bogged down with health care reform – the Finance Committee – also has not helped. The chief sponsor of the so-called Reconstruction Opportunity Zones (ROZs) legislation in the Senate, Maria Cantwell, said the cause of the latest delay was not Capitol Hill but the office of the US Trade Representative, which had “held up” work on a possible compromise. reuters

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