Fast Track

Fast Track

Fast Track in International Trade

Meaning of Fast Track, according to the Dictionary of International Trade (Global Negotiator): In United States, fast track procedures for approval of trade agreement were included by the U.S. Congress in trade legislations in 1974, in 1979, and again in the 19888 Trade Act. Fast track provides two guarantees essential to the successful negotiation or trade agreements: a vote on implementing legislation within a fixed period of time and a vote, yes or no, with no amendments to that legislation. See Trade Act.


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