Truth Commission: Colombia needs radical policy changes to...
Colombia’s controversial moment of truth
At least 49 dead after ‘prison break attempt’...
Colombia’s incoming government begins “total peace” offensive
Colombia investigating bullfighting tragedy
Petro’s first moves to restructure Colombia’s government
Petro and Duque meet over transition of power...
Colombia confronts former FARC chiefs with suffering kidnapping...
Colombia hears former guerrilla chiefs over mass kidnappings
Petro’s quest for a majority in Colombia’s Congress
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

McCain speaks out for Colombia trade benefits

by Hannah Stone February 17, 2011

Colombia news - John McCain

U.S. Senator John McCain called for the government to restore duty-free access to the U.S. market for Colombian goods, saying that the country is an “ally,” reports Reuters.

The former presidential candidate criticized the recent expiry of the Andean Trade Preferences Act, which lets many Colombian goods enter the country tariff-free. “We’ve kicked an ally while they’re down and right when they need us most,” he said.

“Colombian officials tell me without these trade preferences, their cut flower industry, which is one of the pillars of their economy, could contract by 15 to 20% in the coming weeks,” said the senator.

The Andean Trade Promotion and Drug Eradication Act (ATPDEA) was enacted in August 2002, and is renewal and amendment of the Andrean Trade Preference Act (ATPA) that was created in 1991. It also allows preferential access to the U.S. market for goods from Ecuador, Peru and Bolivia.

The objective of the act is to help foster legal industries as an alternative to drug production and trafficking. When it entered into force, the act exempted 6,300 products from tariffs.

andean trade preference actjohn mccaintradeUnited States

Trending

  • Petro’s quest for a majority in Colombia’s Congress

  • The peaceful revolution of Colombia’s “nobodies”

  • Colombia hears former guerrilla chiefs over mass kidnappings

Related articles

  • Colombia’s opposition dismisses US claim of ‘Russian threat’

  • Colombia extradites legendary warlord “Otoniel” to US

  • Colombia’s conflict victims frustrate Otoniel’s extradition to US

  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top