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"An
FTA with Colombia, Peru, Ecuador and Bolivia ("the Andean
countries") will help foster economic growth and create higher
paying jobs in the United States by reducing and eliminating
barriers to trade and investment between the Andean countries
and the United States."
--USTR Robert B. Zoellick, November
2003
The four
countries combined have a population of about 93 million
people and a GDP of about $463 billion on a purchasing power
parity basis. As a destination for U.S. exports, the Andeans
collectively represented a market of $7 billion in 2002, while
the U.S. imported $9.8 billion from the region. The stock of
U.S. foreign direct investment in the four countries was $4.5
billion in 2002. The four are the beneficiary countries of the
Andean Trade Preference Act as Amended (ATPA), which expires
at the end of 2006. The Administration has taken an aggressive
approach to trade liberalization throughout the hemisphere,
and an FTA with the Andean countries would serve to further
such integration by lending additional momentum to concluding
the Free Trade Area of the Americas by January
2005.
May 3, 2004
Peru and
Ecuador to Join With Colombia in May 18-19 Launch of FTA
Negotiations With the United States
April 12, 2004
Trade Policy Staff
Committee Initiation of Environmental Review and Public
Comments on Scope of Environmental Review
- Federal Register Notice (pdf,
html)
March 23, 2004
U.S. and Colombia to
Begin FTA Negotiations on May 18
March 17-18-, 2004
Trade Policy Staff
Committee Public Hearing, Washington DC
February 17, 2004
Request for
Comments and Notice of Public Hearing Concerning Proposed
United States-Andean Free Trade Agreement
- Federal Register Notice (pdf,
html)
December 31, 2003
Advice Concerning the
Probable Economic Effect of Providing Duty-Free Treatment for
Imports
November 18, 2003
USTR Notifies Congress of
Intent to Initiate Free Trade Talks with Andean Countries
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