1.   Clinton needs fast-track renewal to negotiate Nafta-like agreements without possibility of congressional amendment.

2.   Earlier this month the House of Representatives refused to renew fast-track, which lets the president negotiate trade agreements without congressional amendment.

3.   Fast track authority lets presidents negotiate trade agreements without congressional amendments later.

4.   Fast track trade authority allows presidents to negotiate trade agreements without congressional amendments, and Clinton has offered lawmakers in return more of a role in forging those agreements.

5.   Stocks declined in early morning trading following allegations that some congressmen took bribes to vote for a congressional amendment allowing President Fernando Henrique Cardoso to seek re-election.

6.   Such authority would give the president the power to negotiate trade pacts free from congressional amendments.

7.   The Aerospace Industries Association, which opposed Congressional amendment of the Warsaw Convention, supports this, as does the International Chamber of Commerce.

8.   The Congressional amendment waived that rule especially for Penn Alto.

9.   This fall, President Clinton is expected to ask Congress for authority to negotiate a trade agreement with Chile that is not subject to congressional amendment.

10.   Trade votes are always difficult in the U.S. Congress, and fast track, which allows presidents to negotiate agreements without congressional amendment, sparked an intense battle.