Trade Promotion Act of 2001

[AI summary unavailable — showing source text] Trade Promotion Act of 2001 - Sets forth the principal U.S. trade negotiating objectives (generally similar to the principal Omnibus Trade and Competitiveness Act of 1988 (OTCA) negotiating objectives) regarding trade barriers, trade in services, agriculture, foreign investment, intellectual property, electronic commerce and information technologies, worker rights, the environment, trade agreement enforcement, dispute settlement, unfair trade practices, improvement of the World Trade Organization (WTO) and other multilateral trade agreements, transparency, and regulatory competition. Urges the President to ensure that trade agreements complement and reinforce specified other policy goals. Sets forth the authority of the President (generally similar to the authority under (OTCA)) to enter into trade agreements with foreign countries regarding tariff and non-tariff barriers. States that a trade agreement may be entered into (before December 31, 2005; or December 31, 2007, if trade negotiating authority is extended by Congress; or December 31, 2009, if a second extension is approved) only if it makes progress in meeting the principal trade negotiating objectives, and the President sat…