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Schwab statement on amendments to U.S.-Colombia Trade Promotion Agreement

June 28, 2007



United States and Colombia reached
agreement on amendments to the U.S.-Colombia Trade Promotion Agreement. 
Like the amendments to the U.S.-Peru Trade Promotion Agreement, these
amendments reflect the bipartisan trade agreement between the Administration and
Congressional leadership that was reached on May 10, 2007, and will be legally
binding and enforceable. 

“The U.S.-Colombia Trade Promotion Agreement will
contribute to our countries’ longstanding collaborative efforts to promote
economic opportunity and development, peace, human rights, the rule of law, and
security in this important region. These opportunities will translate into more
jobs for U.S. workers and
greater choices for U.S. consumers.  For
Colombia, this agreement will
provide permanent access to the U.S. market, which will aid in
sustaining real growth, creating more jobs, and attracting new

“We eagerly anticipate the the signing the
U.S.-Panama Trade Promotion Agreement today and the U.S.-Korea Free Trade
Agreement on June 30, and look forward to working with Congress on the
passage of all four of these important trade agreements.”