Growing Exports to Peru Proves Merit of Colombia FTA

By January 31, 2011Trade

From the U.S. Department of Agriculture, “USDA Acting Under Secretary Michael Scuse Leads Agriculture Trade and Investment Mission to Peru“:

WASHINGTON, Jan. 28, 2011 –USDA’s Acting Under Secretary for Farm and Foreign Agricultural Services Michael Scuse will lead 20 U.S. companies on an Agribusiness Trade and Investment Mission to Lima, Peru, Jan. 31-Feb. 3, 2011, to meet with 150 Peruvian and Ecuadorian entrepreneurs and buyers to develop business ties and explore opportunities for joint ventures. …

“Peru and Ecuador are important U.S. trade partners,” said Scuse. “Both countries have experienced a decade of political, social and economic change that has created a dynamic environment for economic growth. Both are keen on expanding trade and investment with the United States, as well as with other Pacific-Rim countries through the Trans-Pacific Partnership to which the United States is a party. This mission provides an excellent opportunity for U.S. agribusinesses to make contacts, exchange information, and sign sales agreements.”

The USDA reports that since  implementation of the U.S.-Peru Trade Promotion Agreement in February 2009, U.S. exports of agricultural, fish, and forest products expanded by 70 percent.

That’s great, but Peru’s population is approximately 29 million. Colombia’s population is 45.7 million. Why does the Administration keep delaying submission of the U.S.-Colombia FTA to Congress for enactment.

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