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December 20, 2013

AUSTR for Environment and Natural Resources Jennifer Prescott Participates in Inaugural Environment Meetings with Colombian Government

 

April 15, 2012
Exchange of Letters related to Constitutional Court Review of Certain IPR Treaties



April 15, 2012
Exchange of Letters related to Control Measures on Avian Influenza



April 15, 2012
Exchange of Letters related to Control Measures on Salmonella in Poultry and Poultry Products



April 15, 2012
Exchange of Letters related to Phytosanitary Measures for Paddy Rice

 

October 21, 2011:
Statement By U.S. Trade Representative Ron Kirk On Presidential Signature Of Trade Legislation

 

October 13, 2011
Statements Regarding the Congressional Approval of the Korea, Colombia, and Panama Trade Agreements

 

From Enactment To Entry Into Force: Next Steps On The Trade Agreements

 

October 12, 2011:
Statement By U.S. Trade Representative Ron Kirk On Congressional Passage Of Trade Agreements, Trade Adjustment Assistance And Key Preference Programs

 

October 3, 2011
U.S Trade Representative Ron Kirk Calls for Swift Passage of Trade Agreements

 

  • The United States – Colombia Trade Promotion Agreement: Implementing Legislation and Supporting Documentation

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  • Statements Regarding the President’s Submission to Congress of the South Korea, Colombia, and Panama Trade Agreements

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  • The Pending Trade Agreements: More American Jobs, Faster Economic Recovery Through Exports

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    June 13, 2011
    Colombia Meets June 15th Milestones Under Action Plan on Labor Rights

     

    April 7, 2011
    Release of the Colombian Action Plan Related to Labor Rights

     

    April 6, 2011
    U.S.-Colombia Trade Agreement and Action Plan FACT SHEET: Trade & the U.S.-Colombia Partnership

    Important U.S.-Colombia Links


    Port of MiamiBenefits for Your Industry: USTR Fact Sheets

    Colombia’s economy is the third largest in Central and South America. This comprehensive trade agreement will eliminate tariffs and other barriers to U.S. exports, promote economic growth, and expand trade between our two countries. U.S. goods exports to Colombia in 2010 were $12.0 billion. Visit USTR's Fact Sheet page to find out how the agreement will specifically benefit your sector.

     

     

     

    Tractor in a fieldBenefits for Your Farm: Agriculture Fact Sheets

    Colombia is an important market for America’s farmers and ranchers. In 2010, the United States exported $832 million of agricultural products to Colombia, the second highest export total in South America. Top U.S. exports include wheat, corn, cotton, soybeans, and corn gluten feed. Visit the Department of Agriculture's website to find out how the agreement will benefit your sector.

     

    Manufacturing PlantBenefits for Your Sector: Industry Fact Sheets: Benefits for Your Sector

    Over 80 percent of U.S. exports of consumer and industrial products to Colombia will become duty free immediately, with remaining tariffs phased out over 10 years. With average tariffs on U.S. industrial exports ranging from 7.4 to 14.6 percent, this will substantially increase U.S. exports. Visit the Department of Commerce's website to find out how the agreement will benefit your sector.  

     

    AgreementFull Text of the Agreement

    Read the full text of the U.S.-Colombia trade agreement, which is an integral part of the President’s efforts to increase opportunities for U.S. businesses, farmers and workers through improved access for their products and services in foreign markets, and supports the President’s National Export Initiative goal of doubling of U.S. exports in 5 years. The full text of the U.S.-Colombia trade agreement is also available in Spanish.

     

    Reports

    Advisory Committee Reports

    The advisory committee system, established by the U.S. Congress in 1974, was created to ensure that U.S. trade policy and trade negotiating objectives adequately reflect U.S. public and private sector interests. Read reports from the advisory committees regarding the U.S.-Colombia trade agreement.

     

    ITC SealInternational Trade Commission Report

    Section 2104(f)(2) of the Trade Act requires that the International Trade Commission (ITC) prepare a report assessing the likely effects of the U.S.-Colombia TPA on the U.S. economy as a whole and on specific industry sectors, and section 2104(f)(3) requires that the Commission, in preparing its assessment, review available economic assessments regarding the agreement. Read the full ITC report.

    Support for the U.S.-Colombia Trade Agreement

    Statements of support for the U.S.-Colombia Trade Agreement from various elected officials, the business community, and advocacy groups can be found below.

     

    Visit Your Government Trade Partners

    Visit USTR's partners across the federal government to learn more about their part in the trade agreement.

    Department of Agriculture Seal     Department of Agriculture

    Commerce Seal     Commerce Department

    Labor Department Seal     Department of Labor

    OMB Seal     Office of Management and Budget

    Export Import Bank Seal      Export-Import Bank

    SBA Seal      Small Business Administration

    OPIC Seal      Overseas Private Investment Corp.

    USTDA Seal      Trade and Development Agency

    State Department Seal      State Department

    Small and Medium Enterprises’ Benefits from the U.S.-Colombia Trade Promotion Agreement

    Trade Agreement Home  •  Key Facts  •  Labor Action Plan  •  Your Community

    Made in USA StampAmerica’s small businesses are the backbone of the U.S. economy. Over the last 15 years, approximately 65 percent of net new private sector jobs were created by small businesses. According to studies by the U.S. International Trade Commission (USITC), small businesses that export tend to grow even faster, add jobs faster, and pay higher wages than small businesses that do not. The U.S.-Colombia Trade Promotion Agreement provides important new export opportunities to U.S. small businesses, supporting growth and jobs at home. U.S. goods exports to Colombia in 2010 were $12.0 billion, and with the implementation of the Agreement these are poised to increase substantially.

    Thousands of small businesses across the United States export goods to Colombia. In 2009, U.S. small and medium enterprises (SMEs) exported $3.1 billion in merchandise to Colombia. This represented 34.4 percent of U.S. merchandise exports to Colombia -- above the 32.8 percent SME share of U.S. exports to the world. Of the 13,177 U.S. firms that exported to Colombia in 2008, 11,562 or 87.7 percent, were small and medium businesses.

    KEY ELEMENTS

    The Agreement will make it cheaper and easier for more U.S. small businesses to start or expand their exports into this important Latin American market. The Agreement addresses a number of trade barriers that, according to the USITC studies, disproportionately affect small business’ export performance:

    • Tariff reduction and elimination: Small businesses are more likely than large firms to identify high tariffs as a substantial impediment to exporting. With the Agreement, over 80 percent of U.S. exports of consumer and industrial products to Colombia will become duty free immediately. With average tariffs on U.S. industrial exports ranging from 7.4 to 14.6 percent, this will substantially increase U.S. exports and will provide important cost savings to small U.S. firms. For example, key U.S. small business exports that will gain immediate duty-free access to Colombia include information technology equipment, medical and scientific equipment, and wood.

    • Customs and trade facilitation: Non-transparent customs requirements and inconsistency in administering customs procedures and regulations can be a significant barrier to SME exports. Customs facilitation provisions in the Agreement include transparency obligations to publish laws and regulations on the internet, specific commitments to expedite the release of goods, special procedures for the release of express delivery shipments, and the ability of U.S. exporters to obtain binding advance rulings on tariff classification, origin of goods, and other customs matters. Such provisions can facilitate SME exports by minimizing costly delays at the border and reducing the time to deliver U.S. products to the Colombian market.

    • Services access: Without the resources to open foreign offices, small businesses can find their services export opportunities limited by foreign requirements that the business have a local presence. The Agreement not only provides substantial market access across Colombia’s services sectors—including sectors of importance to small businesses such as computer services, business and environmental consulting services, and legal, architectural, and other professional services—it also targets barriers such as local presence requirements that present particular challenges for small businesses.

    • Technical Barriers to Trade: Foreign government technical regulations and standards that are non-transparent or discriminatory can act as significant barriers to U.S. exports. These kinds of measures can pose a particular problem for small U.S. manufacturers, which often do not have the resources to address these problems on their own. The Agreement provides greater transparency and disciplines on non-tariff barriers to trade, including requirements to publish the full text of proposed standards-related measures, providing interested parties the opportunity to comment on proposed measures, and accrediting or otherwise recognizing U.S. testing and certification bodies.

    • Intellectual Property Protection: Small firms selling goods and services abroad are more likely to be burdened by insufficient intellectual property protection in foreign markets. The Agreement provides for improved standards for the protection and enforcement of a broad range of intellectual property rights. Such improvements include requirements for IPR protections that are critical to protecting copyrighted works, and requirements for strong, deterrent criminal penalties against copyright piracy and trademark violations. These IPR protections will improve the business environment for small firms seeking new customers in Colombia.

    • Transparency: Lack of information about foreign laws and regulations are frequently cited by small firms as a significant barrier to exporting. The Colombia FTA requires the prompt publication of laws, regulations, procedures and administrative rulings regarding any matter covered by the Agreement, and to the extent possible advance publication and the opportunity to comment on proposed measures. A more transparent regulatory environment can increase predictability and lower the costs of doing businesses for small companies.