For the past nine months, the Obama Administration and Congress have allowed three free trade agreements (FTAs) negotiated by the Bush Administration -- Colombia, Panama, and South Korea -- to languish unapproved. This delay hurts American workers, as each of the agreements offers its own unique benefit to the U.S. economy. All three FTAs will spur economic development in both the U.S. and its trading partners, strengthening each nation economically and politically.

The U.S.-Panama FTA would enhance U.S. national economic security and could create thousands of American jobs. It will encourage expansion and diversification of U.S. trade with Panama by eliminating trade barriers and facilitating cross-border movements of goods and services while leveling the playing field for U.S....