The United States-Colombia Trade Promotion Agreement is a bilateral commercial treaty, whose objectives are eliminating obstacles to trade, consolidating access to goods and services and favoring private investment in and between both nations. Apart from commercial issues, it incorporates economic, insitutional, intellectual-property, labor and environmental policies, among others. Single European Act A treaty is a binding agreement under international law entered into by actors in international law, namely states and international organizations. ...

The U.S. and Colombia concluded the agreement, sometimes referred to as the "CTPA", on 23 February and finalized its text on 8 July 2006[1]. February 23 is the 54th day of the year in the Gregorian Calendar. ... July 8 is the 189th day of the year (190th in leap years) in the Gregorian Calendar, with 176 days remaining. ...

Ratification

After the President notifies Congress of his intent to enter into the TPA with Colombia, he must 90 days before he actually signs the agreement. The President notified the Congress on 24 August 2006, of his intent to enter into the TPA with Colombia. August 24 is the 236th day of the year in the Gregorian Calendar (237th in leap years), with 129 days remaining. ...

The Trade Act of 2002 requires the ITC to prepare a report that assesses the likely impact of proposed free trade agreements on the U.S. economy as a whole and on specific industry sectors and the interests of U.S. consumers. The ITC will hold a public hearing in connection with the investigation on 5 October 2006. October 5 is the 278th day of the year in the Gregorian Calendar (279th in Leap years). ...

Antecedents

The CTPA has an antecedent in the Andean Trade Preference and Drug Enforcement Act (ATPDEA), which replaced the expired Andean Trade Preferences Act (ATPA). ATPDEA was enacted by U.S. President George W. Bush on 6 August 2002, granting Bolivia, Colombia, Ecuador and Peru preferential tariff treatment for eligible products.[2] It is set to expire on 31 December 2006. For the pop band, see Presidents of the United States of America. ... George Walker Bush (born July 6, 1946) is an American businessman and politician, was elected in 2000 as the 43rd President of the United States of America, re-elected in 2004, and is currently serving his second term in that office. ... August 6 is the 218th day of the year in the Gregorian Calendar (219th in leap years), with 147 days remaining. ... For album titles with the same name, see 2002 (album). ... December 31 is the 365th day of the year (366th in leap years) in the Gregorian Calendar. ...

Other References

• U.S. International Trade Commission Press Release
• Congressional Research Service Report on Andean Free Trade Agreement, including Peru TPA

External links

Draft text of United States-Colombia Trade Promotion Agreement