Colombia, Panama trade deals with U.S. just a chance

Colombia, Panama and South Korea are celebrating the long-delayed U.S. congressional approval of their free trade agreements with Washington, which Colombian President Juan Manuel Santos called “the most important treaty in our history.” But — at least for the two Latin American countries — the hard part is just starting now.

In the new crisis-ridden global economy, free trade agreements are no longer what they used to be. In the past,