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NFTC, US-Colombia Business Partnership Press for Renewal of Andean Trade Preferences
Date: 12/15/2010
Written By: Jennifer Cummings, The Fratelli Group for NFTC, 202-822-9491

Washington, DC - In a letter sent today to House and Senate leaders, the National Foreign Trade Council (NFTC) and the US-Colombia Business Partnership wrote:

“On behalf of the member companies of the US-Colombia Business Partnership and the National Foreign Trade Council, we urge you to renew the Andean Trade Preferences Act (ATPA) for Colombia prior to the adjournment of the 110th [sic] Congress. We collectively represent a broad coalition of companies in the energy, pharmaceutical, consumer products, mining, financial investments in Colombia provide economic development to thousands of Colombians seeking employment in the legitimate economy, while simultaneously benefiting American workers across the United States....

“Failure to renew ATPA would not only directly impact American jobs, but would be a devastating blow to Colombia. As one of America’s closest allies in Latin America, and a country that has fully lived up to its obligations under the ATPA, it deserves to have these benefits extended. Simply put, our exports both in products and services to Colombia provide for good paying jobs in the U.S. and we support a rules-based preference program where trade benefits are earned by those countries that live up to defined criteria. We urge you to renew the ATPA by the close of this Congress and before the December 31, 2010 expiration.”

To read the full text of the letters, please click here.

The NFTC also joined a number of other leading business community associations in sending to Speaker Pelosi, Minority Leader Boehner and the Chairman and Ranking Member of the Ways and Means Committee, a letter urging House passage of the Omnibus Trade Act of 2010 (H.R. 6517).

To read that letter, please click here.



About NFTC
Advancing Global Commerce for Over 95 Years - The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.
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