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Andean Trade Preference Act (04-Apr-02)
Bush is calling for passage of the Andean Trade Preferences Act, a bill which expired last year, granting special trade privileges to Peru, Ecuador, Colombia and Bolivia.

The bill eliminates tariffs on many of the countries' exports to the United States, including asparagus and flowers, and is viewed as an economic alternative to drug cultivation and trafficking in those countries. Bush granted an extension before the countries must pay tariffs on some of their exports to the United States. That extension expires May 16 and cannot be extended which is why the president is pushing a specific passage deadline of April 22, Buchan said.

The White House wants the bill to be expanded to include textiles, a move that some Southern lawmakers oppose, fearing the impact those exports would have on American textile companies.

 


 

 

 

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