By Doug Palmer

WASHINGTON, Nov 16 (Reuters) - A senior Republican U.S.
lawmaker on Friday urged President Barack Obama to "go big" and
"go smart" in pursuit of new trade agreements in his second
four-year term in office.

Representative Kevin Brady, chairman of a key trade
subcommittee in the House of Representatives, also urged Obama
to seek legislation known as "trade promotion authority" to
facilitate the negotiation and approval of trade deals. Obama
was re-elected last week.

"We need to go big. We need to go smart. But above all we
need to go on trade," Brady said at event organized by the
Global Business Dialogue and the Washington law firm of
McDermott Will & Emery.

Brady outlined an agenda that includes many initiatives
already being pursued by the Obama administration, including a
regional free trade agreement in the Asia Pacific and possible
free trade talks with the European Union.

Beyond that, he said, "America needs to lead again on trade"