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Columbia Free Trade Agreement

On April 7, 2008 President Bush signed a letter to congree implementing a free trade agreement with Colombia. The Bush administration has worked closely with Congree since 2006 to finalize this agreemnt. They have held more than 400 consultations, meetings and calls with congress. They have led trips to Colombia for more than 50 members of congress. Presdient Bush feels the need for this agreement is urgentand is asking congressto approve it as quickly as possible. One of the reasons for President Bush's urgency in getting the agreement passed is to boost a slowing economy.
As og now, any exports going to Colombia face tariffs of up to 35 percent for non-agricultural goods and much higher tariffs for many agriculutre products. Colombia is currently the second largest agriculutal market for the United States in Latin AMerica. United States exports of agricultural products to Colombia totaled $677 million dollars in 2005. Other goods exported to Colombia, such as machinery, organic......


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Approximate Word Count: 808
Approximate Pages: 4 (250 words per double-spaced page)

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