October 7, 2005
News Release 05-120
Inv. No. 332-352
Contact: Peg O'Laughlin, 202-205-1819

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 2004, reports the U.S. International Trade Commission (ITC).

The ITC, an independent, nonpartisan, factfinding federal agency, recently issued its eleventh 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.

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 2004 marked the second full year that 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, Eleventh Report, 2004:

Andean Trade Preference Act: Impact on U.S. Industries and Consumers and on Drug Crop Eradication and Crop Substitution, Eleventh Report, 2004 (Inv. No. 332-352, USITC Publication No. 3803, September 2005) 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.

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