Urging the President and Chile to engage in negotiations to conclude a free trade agreement between the United States and Chile, in the absence of fast track authority.

Urges the President and appropriate representatives of the Government of Chile to engage in negotiations to conclude a free trade agreement between the United States and Chile in the absence of fast track authority. Urges the President, in conducting such negotiations, to: (1) assess whether U.S. tariffs on agriculture products that were bound under the Uruguay Round Agreements are lower than the tariffs bound by Chile; (2) consult with the Congress on whether it is appropriate for the United States to agree to further tariff reductions based on such assessment; and (3) consult with specified congressional committees before entering into any such trade agreement.