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Promote Andean Free Trade But Limit Preferences

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Publication Date: October 2006

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Ana Isabel Eiras; Stephen Johnson

Series: Executive Memorandum

Topic: Trade (Free trade and protection)

Keywords: Trade and foreign aid

Type: Brief

Coverage: Peru Colombia Ecuador

Abstract:

Congress should act quickly on bilateral free trade agreements signed between the United States and allies Peru and Colombia. Such agreements benefit the economies of all partners and enhance a growing free trade bloc. Extending trade preferences for a short time to Bolivia and Ecuador could sustain market openings while leaders decide on permanent reciprocal agreements.