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ARLINGTON, VA – A recent meeting between the Bush Administration and congressional Democrats on international labor and other trade issues paves the way for new trade agreements to help U.S. technology companies and workers more effectively compete in the world market, the Electronic Industries Alliance reports.

The EIA says the compromise reached should serve as a bipartisan template for an American trade policy that protects workers in future trade deals, allowing lawmakers to approve trade agreements with South Korea, Columbia, Panama and Peru.

Columbia and South Korea are important markets to the electronics industry, and this American trade policy should facilitate passage of trade agreements with these countries, as well as those negotiated with Panama and Peru, says the organization.