Benefits of the U.S.-Colombia Trade Promotion Agreement PDF Download
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Author:
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Category : Colombia
Languages : en
Pages :
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Author:
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages :
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Author:
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Category :
Languages : en
Pages :
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Publisher: DIANE Publishing
ISBN: 1457818647
Category :
Languages : en
Pages : 258
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Author:
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Category :
Languages : en
Pages : 0
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A free trade agreement commits two or more countries to reduce mutual trade barriers - tariffs, quotas and so forth. Such agreements give both countries' products an advantage in each other's markets relative to imports from other countries. Since 2001, the United States has ratified nine free trade agreements (FTAs), for a total of 11 encompassing 17 countries. Due, in part, to freer trade from FTAs, U.S. exports have grown an average of 11.1 percent annually since 2000, and trade with FTA partners now accounts for almost 43 percent of total exports [see Figure I]. In fact, the United States now has a surplus in manufactured goods with the trade-pact countries, meaning they import more manufactured U.S. goods than Americans purchase from them.
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 192
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Author: United States. President (2001-2009 : Bush)
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Category : Colombia
Languages : en
Pages : 612
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Author: United States. Congress. Senate. Committee on Finance
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Category : Business & Economics
Languages : en
Pages : 120
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Author: United States Senate
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ISBN: 9781696702324
Category :
Languages : en
Pages : 118
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U.S.-Colombia Trade Promotion Agreement: hearing before the Committee on Finance, United States Senate, One Hundred Twelfth Congress, first session, May 11, 2011.
Author:
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Category :
Languages : en
Pages : 610
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Author: Congressional Research Service: The Libr
Publisher: BiblioGov
ISBN: 9781293256022
Category :
Languages : en
Pages : 36
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The proposed U.S.-Colombia Trade Promotion Agreement, also called the U.S.-Colombia Free Trade Agreement (CFTA), was signed by the United States and Colombia on November 22, 2006. Congress must approve implementing legislation for the agreement to enter into force. The agreement would immediately eliminate duties on 80% of U.S. exports of consumer and industrial products to Colombia. An additional 7% of U.S. exports would receive duty-free treatment within five years of implementation, and most remaining tariffs would be eliminated within 10 years of implementation. The agreement also contains other provisions in services, investment, intellectual property rights protection, labor, and the environment. About 90% of U.S. imports from Colombia enter the United States duty-free under trade preference programs or through normal trade relations, while U.S. exports to Colombia face duties of up to 20%. The negotiations for the proposed CFTA were conducted under the trade promotion authority (TPA), also called fast-track trade authority, that Congress granted the President under the Bipartisan Trade Promotion Act of 2002 (P.L. 107-210). The authority allows the President to enter into trade agreements that receive expedited congressional consideration (no amendments and limited debate). Implementing legislation for the CFTA (H.R. 5724/S. 2830) was introduced in the 110th Congress ...
