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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


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.