Proposals Sought on Changes to Rules of Origin in U.S.-Colombia Trade Agreement
The U.S. Trade Representative is seeking proposals on accelerating tariff eliminations and modifications to the rules of origin under the U.S.-Colombia Trade Promotion Agreement, said a Federal Register notice to be published March 12. The U.S. and Colombia have not…
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decided whether to actually accelerate tariff elimination or change origin rules, the notice said. Any change will consider the effect on transaction and manufacturing costs; the feasibility of devising, implementing and monitoring new rules of origin; and the interest of stakeholders in the U.S. and Colombia for making such changes, the notice said. The U.S.-Colombia TPA requires each government to provide preferential tariff treatment to goods that meet the agreement’s rules of origin -- which can be amended by the countries -- the notice said. Proposals are due May 13 and should indicate whether it has been discussed with industry representatives in Colombia, and those opinions of those representatives. Comments can be submitted to www.regulations.gov.