President Bush notified Congress of his intent to sign the U.S.-Colombia TPA on August 24, 2006. The U.S. and Colombia signed the Agreement on November 22, 2006. Both countries need to pass implementing legislation before the U.S.-Colombia TPA can enter into force.

The U.S.-Colombia TPA is a tremendous opportunity for U.S. exporters. It will give U.S. companies improved access to a strong market and improve the business climate in Colombia as the country enacts the necessary domestic legal and business reforms required to implement the Agreement.