ABSTRACT

Andean Trade Preference Act: Background and Issues for Reauthorization [Updated February 21, 2002]   [open pdf - 259KB]

"Following passage by the 102nd Congress, President George Bush signed into law the Andean Trade Preference Act (ATPA) on December 4, 1991(P.L. 102-182, title II), making it part of a multifaceted strategy to counter illicit drug production and trade in Latin America. For ten years, it has provided preferential, mostly duty-free, treatment of selected U.S. imports from Bolivia, Colombia, Ecuador, and Peru. ATPA's goal has been to encourage growth of a more diversified Andean export base, thereby promoting development and providing an incentive for Andean farmers and other workers to pursue economic alternatives to the drug trade. ATPA expired on December 4, 2001 and U.S. tariffs were reimposed, but on February 15, 2002, President Bush acted to defer collection of these tariffs for 90 days. In the meantime, reauthorizing legislation (H.R. 3009) has been passed by the full House and by the Senate Finance Committee and is part of the broader 2002 trade agenda."

Report Number:
CRS Report for Congress, RL30790
Author:
Publisher:
Date:
2002-02-21
Copyright:
Public Domain
Retrieved From:
U.S. Department of State: http://www.state.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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