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Andean Group - January 2011 (ISSN 1741-4466)
COLOMBIA: Trade preference problems
The last US congressional session of 2010 had Colombian exporters
holding their breaths and Colombian diplomats in Washington crossing their
fingers. It was the last chance to be granted an extension of the 1991 Andean
Trade Preferences and Drug Eradication Act (Atpdea), which gives special trade
tariffs to Colombia, Ecuador and Peru in exchange for their contributions in
counter narcotics operations. Colombia's failure to secure an 18-month Atpdea
extension (until June 2012) due to opposition in the US Senate and its continued
failure to secure the ratification of the 2006 Free Trade Agreement (FTA), also
held up by that chamber, speak volumes about the uphill commercial battle facing
the South American nation.
- A home run for Chávez?
- VENEZUELA: Another New Year's devaluation
- BOLIVIA: Morales moves against opponents
- BOLIVIA: Morales misjudges over fuel subsidies
- ECONOMIC OVERVIEW
- COLOMBIA: Farc promise a military escalation in 2011
- COLOMBIA: Public-private partnership to rebuild Colombia
- COLOMBIA: Trade preference problems
- ECUADOR: Key media and banking appointments made
- ECUADOR: Correa plays hardball over conservation
- ECUADOR: Bread prices rise
- PERU: Peru's justice system to get a makeover
- PERU: Apra is in trouble
- Fuel Smuggling