"Free and fair trade helps secure a future of freedom and promise."
President George W. Bush World Trade Week Proclomation May 16, 2008
Site Updated: January 16, 2009
U.S.- Colombia Trade Promotion Agreement
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.
Colombia: On a Path to Peace, Justice and Prosperity
Seven years ago, Colombia was nearly a failing state. Violence was rampant, investors were fleeing the country, and economic activity was plummeting. Since then, Colombia and the United States have worked together to combat violence and instability. Together we have made extraordinary strides in a few short years. U.S. assistance and tariff preferences under the Andean Trade Preference Act have been key elements of our joint strategy to promote peace, justice and prosperity. (Fact Sheet)
Why a Colombia Trade Promotion Agreement?
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.