ABSTRACT

ATPA Renewal: Background and Issues [July 18, 2007]   [open pdf - 71KB]

From the Document: "The Andean Trade Preference Act (ATPA) extends special duty treatment to certain U.S. imports from Bolivia, Colombia, Ecuador, and Peru that meet domestic content and other requirements. The ATPA (Title II of P.L. 102-182) was enacted on December 4, 1991, and renewed and modified under the Andean Trade Promotion and Drug Eradication Act (ATPDEA; Title XXI of P.L. 107-210) on August 6, 2002. Andean trade preferences were scheduled to end on December 31, 2006. Legislation was enacted late in the 109th Congress to extend Andean trade preferences until June 30, 2007 and for an additional six months if a country enters into a free trade agreement with the United States before then. In the 110th Congress, legislation was enacted to extend the ATPA for all four countries until February 29, 2008 (P.L. 110-42). ATPA was intended to promote economic growth in the Andean region and to encourage a shift away from dependence on illegal drugs by supporting legitimate economic activities. This report will be updated as events warrant."

Report Number:
CRS Report for Congress, RS22548
Author:
Publisher:
Date:
2007-07-18
Series:
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
URL:
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