Andean Trade Preference Program Benefits Extended Until February 2008
On Saturday, President Bush signed a bill (H.R. 1830) to extend the the Andean Trade Preference program, which was scheduled to expire on June 30th, to February 29, 2008. As a result, Customs and Border Protection (CBP) announced today that the Automated Commercial System (ACS) has been programmed to accept Andean Trade Preference claims through the special program indicators "J" and "J+".
The Andean Trade Preference Act was enacted in 1991 to combat drug production and trafficking in the Andean countries of Bolivia, Colombia, Ecuador and Peru. ATPA, which was expanded under the Trade Act of 2002 and is now called the Andean Trade Promotion and Drug Eradication Act, provides duty-free access to U.S. markets for approximately 5,600 products.