On February 17, 2011, Senator McCain (R) attempted to use “unanimous consent” procedures to have the Senate pass S. 380, his recently introduced bill to extend the Andean Trade Preferences Act (ATPA)/Andean Trade Promotion and Drug Eradication Act (ATPDEA)1.
U.S. Customs and Border Protection is announcing an additional 30 day comment period for the proposed extension of its existing e the Andean Trade Promotion and Drug Eradication Act Certificate of Origin (CBP Form 449) information collection, which it plans to submit to the Office of Management and Budget for review and approval.
On February 14, 2011, U.S. Trade Representative Kirk released a statement on the recent expiration of certain trade programs. He said that he is disappointed that Congress has not acted to extend Trade Adjustment Assistant (TAA), the Andean Trade Preference Act (ATPA) and Andean Trade Promotion and Drug Eradication Act (ATPDEA), and the Generalized System of Preferences (GSP). He added that the USTR encourages Congress to extend these three programs as soon as possible and to do so for substantially more than a few months. He is committed to working with Congress to secure reauthorization of these trade programs.
On February 8, 2011, Senators Casey (D) and Brown (D) introduced S. 308, a bill to amend and renew (with a retroactive provision) the Generalized System of Preferences Program, renew the Andean Trade Preferences Act/Andean Trade Promotion and Drug Eradication Act, and renew Trade Adjustment Assistance.
CBP has issued a CSMS message regarding the February 12, 2011 expiration of the Andean Trade Preference Act (ATPA) and Andean Trade Promotion and Drug Eradication Act (ATPDEA).
On February 8, 2011, the following trade-related bills were introduced:
The European Union issued the following trade-related releases on February 9, 2011:
The Office of the U.S. Trade Representative has issued a notice regarding the Generalized System of Preferences and the Andean Trade Promotion Act (ATPA)/Andean Trade Promotion and Drug Eradication Act (ATPDEA) preference programs. USTR states that these programs are critical to the U.S.
On February 8, 2011, the House of Representatives is scheduled to consider a bill1 to extend through June 30, 2011 the Andean Trade Promotion Act (ATPA)/Andean Trade Promotion and Drug Eradication Act (ATPDEA) for Colombia and Ecuador and certain Trade Adjustment Assistance (TAA) provisions.
Broker Power is providing readers with some of the top stories for January 24-28, 2011 in case they were missed last week.