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NEWS RELEASE 04-107; October 7, 2004 October 7, 2004
News Release 04-107
Inv. No. 332-352

ITC FINDS IMPACT OF ATPA IMPORTS NEGLIGIBLE DESPITE ENHANCEMENTS

The overall effect of imports under the Andean Trade Preference Act (ATPA) on the U.S. economy and consumers continued to be negligible in 2003, reports the U.S. International Trade Commission in its publication Andean Trade Preference Act: Impact on U.S. Industries and Consumers and on Drug Crop Eradication and Crop Substitution, Tenth Report, 2003.

The ITC, an independent, nonpartisan, factfinding federal agency, recently issued the tenth report in a series monitoring imports under ATPA. The ATPA program affords preferential tariff treatment to most products of Bolivia, Colombia, Ecuador, and Peru. 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. The 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 was renewed and amended on August 6, 2002, under the Andean Trade Promotion and Drug Eradication Act (ATPDEA), which broadened the scope of products eligible for tariff preferences. The year 2003 marked the first full year that the ATPDEA was in effect. 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, Tenth Report, 2003 (Inv. No. 332-352, USITC Publication No. 3725, September 2004) 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 CD-ROM or printed copy of the report 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.

ITC general factfinding investigations, such as this one, cover matters related to tariffs or trade and are generally conducted at the request of the U.S. Trade Representative, the Senate Committee on Finance, or the House Committee on Ways and Means. The resulting reports convey the Commissions' objective findings and independent analyses on the subject investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the ITC submits its finding and analyses to the requestor. General factfinding investigations reports are subsequently released to the public unless they are classified by the requestor for national security reasons.

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