Andean Trade Preference Act


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Andean Trade Preference Act

United States legislation, enacted in 1991 and expanded in 2002, that reduces or eliminates tariffs and provides other preferential treatment to most imports coming from Bolivia, Colombia, Ecuador, and Peru. The 2002 expansion likewise provides duty free treatment of some products. The Act is meant to encourage production of goods other than narcotics, for which the Andean area is known. The Act has encouraged Andean countries to reduce their own tariffs on American exports. The structure that implements the Act is called the Andean Trade Initiative (ATI). See also: Caribbean Basin Initiative.
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In addition, there are four regional programs that followed, created in the Andean Trade Preference Act (APTA), the Caribbean Basin Economic Recovery Act (CBERA); the Caribbean Basin Trade Partnership Act (CBTPA), the African Growth and Opportunity Act (AGOA), and the Haitian Opportunity through Partnership Encouragement (HOPE) Act (discussed in detail below).
6) A report released in September 2004, The Impact of the Andean Trade Preference Act, Tenth Report, 2003, covering developments during the year 2003 in an annual series of reports of the United States International Trade Commission, will contain tables that include some data cited, but not shown, in this article.
The United States offers four primary trade preference programs--the Generalized System of Preferences (GSP), the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), and the African Growth and Opportunity Act (AGOA).
He also played a key role in renewing and broadening the Andean Trade Preference Act (ATPA) in 2002 and in promoting free-trade talks between the US and Andean countries (see NotiSur, 2004-12-17).
government passed the Andean Trade Preference Act (ATPA), asparagus imports have been on the rise.
Elsewhere, the Andean Trade Preference Act (ATPA) has been extended by one year, the EU and South Korea have signed a free trade agreement (FTA), and talks have begun with a view to establishing an FTA between South Korea and the USA.
The United States holds temporary WTO waivers for tariff preferences granted to the former Trust Territory of the Pacific Islands and for three regional preference schemes: (1) the Caribbean Basin Economic Recovery Act (CBERA), as amended; (2) the Andean Trade Preference Act (ATPA), as amended, and (3) the African Growth and Opportunity Act (AGOA).
Bush refused to temporarily extend the US Andean Trade Preference Act (ATPA), which expired May 16.
Because of legislation that the Congress has passed -- particularly the Andean Trade Preference Act -- today, almost all Colombian exports enter the United States duty free.
countries under the Andean Trade Preference Act (ATPA).
And Andean region leaders say renewal and expansion of the Andean Trade Preference Act, which allows products from the region to enter the US duty-free and is due for renewal on Dec.
WASHINGTON -- Today the President signed legislation to extend the Andean Trade Preference Act (ATPA) until December 31, 2008.