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NEWS RELEASE 00-127; OCTOBER 5, 2000 October 5, 2000
News Release 00-127
Inv. No. 332-352

ITC FINDS IMPACT OF ATPA IMPORTS NEGLIGIBLE

The overall effect of imports under the Andean Trade Preference Act (ATPA) on the U.S. economy and consumers continued to be negligible in 1999, reports the U.S. International Trade Commission (ITC).

The ITC, an independent, nonpartisan, factfinding federal agency, recently issued its biennial report monitoring imports under ATPA. The ATPA program, signed into law in December 1991, affords preferential tariff treatment to most products of Bolivia, Colombia, Ecuador, and Peru. These four Andean countries are the source of the coca plants from which most of the world's cocaine is produced or are major transit areas for cocaine. The ATPA's goal is to promote the development of sustainable economic alternatives to drug crop production by offering alternative, legal Andean products broader access to the U.S. market.

Following are highlights of the report, Andean Trade Preference Act: Impact on U.S. Industries and Consumers and on Drug Crop Eradication and Crop Substitution, Seventh Report, 1999:

Andean Trade Preference Act: Impact on U.S. Industries and Consumers and on Drug Crop Eradication and Crop Substitution, Seventh Report, 1999 (Inv. No. 332-352, USITC Publication No. 3358, September 2000) will be available on the ITC's Internet site at www.usitc.gov. The publication will also be available at federal depository libraries in the United States. A printed copy may be requested by calling 202-205-1809 or by writing to the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.

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