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The U.S.-Colombia Free Trade Agreement

The U.S.-Colombia Free Trade Agreement PDF Author: M. Angeles Villarreal
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 33

Book Description
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%).

The U.S.-Colombia Free Trade Agreement

The U.S.-Colombia Free Trade Agreement PDF Author: M. Angeles Villarreal
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 33

Book Description
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%).

The U.S.-Colombia Free Trade Agreement

The U.S.-Colombia Free Trade Agreement PDF Author: M. Angeles Villarreal
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 31

Book Description


The U. S. -Colombia Free Trade Agreement: Background and Issues

The U. S. -Colombia Free Trade Agreement: Background and Issues PDF Author: M. Angeles Villarreal
Publisher: CreateSpace
ISBN: 9781482075977
Category :
Languages : en
Pages : 38

Book Description
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%).

Proposed U.S.-Colombia Free Trade Agreement

Proposed U.S.-Colombia Free Trade Agreement PDF Author:
Publisher: DIANE Publishing
ISBN: 1437981461
Category :
Languages : en
Pages : 31

Book Description


The Pending Trade Agreement with Colombia

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

Book Description


U.S.-Colombia Trade Promotion Agreement

U.S.-Colombia Trade Promotion Agreement PDF Author: United States. Congress. Senate. Committee on Finance
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

Book Description


U.S.-Colombia Trade Promotion Agreement: Potential Economy-Wide and Selected Sectoral Effects, Inv. TA-2104-023

U.S.-Colombia Trade Promotion Agreement: Potential Economy-Wide and Selected Sectoral Effects, Inv. TA-2104-023 PDF Author:
Publisher: DIANE Publishing
ISBN: 1457818647
Category :
Languages : en
Pages : 258

Book Description


The Colombia and Panama Free Trade Agreements

The Colombia and Panama Free Trade Agreements PDF Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on the Western Hemisphere (2007- )
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 40

Book Description


Free Trade

Free Trade PDF Author: Arnold S. Miller
Publisher: Nova Publishers
ISBN: 9781594540578
Category : Business & Economics
Languages : en
Pages : 142

Book Description
With jobless recoveries the issue du jour, free trade has become a wedge issue of considerable importance in the developed countries. This book hones in on free trade areas and their role in this complex globalisation process. CONTENTS: Preface; Free Trade Agreements: Impact on US Trade and Implications for US Trade Policy (William H. Cooper); The US-Singapore Free Trade Agreement (Dick K. Nanto); Free Trade Agreements with Singapore and Chile: Labor Issues (Mary Jane Bolle); The US-Chile Free Trade Agreement: Economic and Trade Policy Issues (J. F. Hornbeck); Agricultural Trade in a US- Central American Free Trade Agreement (CAFTA) (Remy Jurenas); A Free Trade Area of the Americas: Status of Negotiations and Major Policy Issues (J. F. Hornbeck); US -- Jordan Free Trade Agreement (Mary Jane Bolle); Index.

Trade Agreements

Trade Agreements PDF Author: James K. Jackson
Publisher: DIANE Publishing
ISBN: 1437930646
Category : Business & Economics
Languages : en
Pages : 26

Book Description
Contents: (1) Background; (2) An Overview of the Major Agreements: Multilateral Agreements; Regional Trade Agreements; Completed Bilateral Trade Agreements; Signed Bilateral Trade Agreements Requiring Congressional Approval; Pending Bilateral Trade Agreements; (3) Trade Liberalization and the Gains From Trade: Production Gains; Adjustment Costs; Consumption Gains; Economic Growth; (4) Estimating the Economic Impact of Trade Agreements: Overview; The Michigan Model and Estimates; Investment and Capital Flows; Data on Barriers to Trade in Services; (5) Implications for Congress. Charts and tables.