Important U.S.-Colombia Links
Benefits 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.
Benefits 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.
Benefits 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.
Full 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.
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.
International 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.