The U.S.-Colombia Free Trade Agreement: Background and Issues

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The U.S.-Colombia Free Trade Agreement, or U.S. Colombia Trade Promotion Agreement, is a comprehensive free trade agreement (FTA) between the United States and Colombia, which will eventually eliminate tariffs and other barriers in bilateral trade in goods and services. The agreement will enter into force on May 15, 2012. The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (1.0% in 2011), ranking 22nd among U.S. export markets and 23rd as a supplier of U.S. imports. Economic studies on the impact of a U.S.-Colombia FTA have found that, upon full implementation of … continued below

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37 pages.

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Villarreal, M. Angeles April 27, 2012.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by the UNT Libraries Government Documents Department to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 393 times. More information about this report can be viewed below.

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Description

The U.S.-Colombia Free Trade Agreement, or U.S. Colombia Trade Promotion Agreement, is a comprehensive free trade agreement (FTA) between the United States and Colombia, which will eventually eliminate tariffs and other barriers in bilateral trade in goods and services. The agreement will enter into force on May 15, 2012. The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (1.0% in 2011), ranking 22nd among U.S. export markets and 23rd as a supplier of U.S. imports. Economic studies on the impact of a U.S.-Colombia FTA have found that, upon full implementation of an agreement, the impact on the United States would be positive but very small due to the small size of the Colombian economy when compared to that of the United States (about 2.2%). This report also discusses concerns that Congress has with Colombian human rights violations.

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37 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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  • April 27, 2012

Added to The UNT Digital Library

  • June 6, 2012, 2:34 p.m.

Description Last Updated

  • Aug. 13, 2015, 6:06 p.m.

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Villarreal, M. Angeles. The U.S.-Colombia Free Trade Agreement: Background and Issues, report, April 27, 2012; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc85475/: accessed April 25, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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