Proposed U.S.-Colombia Free Trade Agreement PDF Download

Author:
Publisher: DIANE Publishing
ISBN: 1437981461
Category :
Languages : en
Pages : 31

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Author: M. Angeles Villarreal
Publisher: CreateSpace
ISBN: 9781482075977
Category :
Languages : en
Pages : 38

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The U.S.-Colombia Free Trade Agreement, or U.S. Colombia Trade Promotion Agreement, as it is officially called, is a comprehensive free trade agreement (FTA) between the United States and Colombia, which will eventually eliminate tariffs and other barriers in bilateral trade in goods and services. The agreement will enter into force on May 15, 2012. On October 3, 2011, President Barack Obama submitted draft legislation (H.R. 3078/S. 1641) to both houses of Congress to implement the FTA. On October 12, 2011, the House passed H.R. 3078 (262-167) and sent it to the Senate. The Senate passed the implementing legislation (66-33) on the same day. The agreement was signed by both countries almost five years earlier, on November 22, 2006. The Colombian Congress approved it in June 2007 and again in October 2007, after it was modified to include new provisions agreed to in the May 10, 2007 bipartisan understanding between congressional leadership and President George W. Bush. Upon entry into force, the agreement will immediately eliminate duties on 80% of U.S. exports of consumer and industrial products to Colombia. Most remaining tariffs will be eliminated within 10 years of implementation. The congressional debate surrounding the CFTA mostly centered on violence, labor, and human rights issues in Colombia. Numerous Members of Congress opposed passage of the agreement because of concerns about alleged violence against union members in Colombia, inadequate efforts to bring perpetrators to justice, and weak protection of worker rights. However, other Members of Congress supported the CFTA and took issue with these charges, stating that Colombia had made great progress over the last ten years to curb violence and enhance security. They also argued that U.S. exporters were losing market share of the Colombian market and that the agreement would open the Colombian market for U.S. goods and services. For Colombia, an FTA with the United States is part of its overall economic development strategy. To address the concerns related to labor rights and violence in Colombia, the United States and Colombia agreed upon an "Action Plan Related to Labor Rights" that includes specific and concrete steps, with specific timelines, most of which took place in 2011. It contains numerous commitments by the Colombian government to protect union members, end impunity, and improve worker rights. The Colombian government submitted documents to the United States in time to meet various target dates listed in the Action Plan. The USTR reviewed the documents and determined that Colombia had met its major commitments. The U.S. business community generally supports the FTA with Colombia because it sees it as an opportunity to increase U.S. exports to Colombia. U.S. exporters urged U.S. policymakers to move forward with the agreement, arguing that the United States was losing market share of the Colombian market, especially in agriculture, as Colombia entered into FTAs with other countries. Colombia's FTA with Canada, which was implemented on August 15, 2011, was of particular concern for U.S. agricultural producers. The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (1.0% in 2011), ranking 22nd among U.S. export markets and 23rd as a supplier of U.S. imports. Economic studies on the impact of a U.S.-Colombia free trade agreement (FTA) have found that, upon full implementation of an agreement, the impact on the United States would be positive but very small due to the small size of the Colombian economy when compared to that of the United States (about 2.2%).

Author: M. Angeles Villarreal
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 31

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Author: M. Angeles Villarreal
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 33

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The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (0.9% in 2010), ranking 20th among U.S. export markets and 25th as a source of U.S. imports. Economic studies on the impact of a U.S.-Colombia free trade agreement (FTA) have found that, upon full implementation of an agreement, the impact on the United States would be positive but very small due to the small size of the Colombian economy when compared to that of the United States (about 1.9%).

Author: United States. Congress. Senate. Committee on Finance
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

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Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 192

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Author:
Publisher: DIANE Publishing
ISBN: 1457818647
Category :
Languages : en
Pages : 258

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Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on the Western Hemisphere (2007- )
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 40

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Author: James R. Holbein
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1550

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Recent updates to this subscription service include: DT U.S.-Latin America Trade: Recent Trends and Policy Issues DT Proposed U.S.-Colombia Free Trade Agreement: Background and Issues DT Excerpts From the 2011 Trade Policy Agenda and 2010 Annual Report of the President of the United States on the Trade Agreements Program DT Trade Promotion Authority (TPA) and the Role of Congress in Trade Policy DT Intellectual Property Rights and International Trade North American Free Trade Agreements is your definitive trade reference tool, with up-to-date, full-text versions of NAFTA, the full text of the US-Canada FTA, much of which is incorporated by reference into NAFTA, and complete texts of the Annexes and supplemental agreements. In one complete, easy-to-use source, you will receive coverage of the rapidly changing rules governing trade in North America, making it easy for you to locate the information you need to be in compliance with any North American Free Trade Agreement...and to take advantage of the allowances. These looseleaf volumes provide comprehensive information on all new trading agreements and explain, among other topics, what NAFTA covers and how its decisions are rendered; how the new free trade agreements are being negotiated and what the policy positions are; and what government officials and practitioners are saying about these arguments. With the heightened emphasis of U.S. international trade policy in more of Latin America, this set has broadened its scope as well. The set provides excellent explanatory material to help you use the recently signed U.S.-Chile FTA. It looks ahead to the negotiation of the U.S.-Central American FTA and the historic Free Trade Area of the Americas with substantial, pragmatic material covering the negotiations. As the agreements are concluded and enter into force, the editors will keep you informed and operating at the cutting edge of the law. This set provides complete coverage of NAFTA, including: DT Commentary covering every major chapter of NAFTA DT Panel Decisions under Chapters 11, 19, and 20 DT Primary Materials including Mexican laws, implementing legislation, Federal Register notices and other important sources. The COMMENTARY volume also provides useful practical reference sources including: DT Summary of NAFTA Legislative History DT Bibliography of NAFTA Materials DT Inclusive List of NAFTA Federal Register Notices The set is invaluable for the researcher interested in U.S. international trading initiatives and activities in the Western Hemisphere. Its decisional information base provides the practitioner with accurate, and topical, records of decisions being rendered under these agreements. PLUS~! -Place a standing order for this looseleaf set and get free access to the complete complement of 122 NAFTA panel decisions in a fully word searchable, indexed database.

Author: United States Tariff Commission
Publisher:
ISBN:
Category : Textile fabrics
Languages : en
Pages : 184

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