Bush Suspends Trade Preferences For Bolivia
First passed in 1991 and extended four times since, the Andean Trade Preference Act grants duty-free access to the U.S. market for most imports from the Andean region.
Bush also suspended Bolivia's participation in the Andean Trade Promotion and Drug Eradication Act. Both suspensions take effect Dec. 15.
"If Bolivia were to improve its performance under the ATPA and ATPDEA programs' criteria, the President would have the discretion to issue a proclamation to redesignate Bolivia as a beneficiary country," White House spokeswoman Dana Perino said in a statement.
U.S.-Bolivian relations have deteriorated since Bolivia expelled the U.S. ambassador earlier this year, claiming Washington supports opponents of President Evo Morales, who is an ally of Venezuelan President and Bush critic Hugo Chavez.
-By Henry J. Pulizzi, Dow Jones Newswires; 202-862-9256; henry.pulizzi@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=CvsyNdtZ0JgBkppd%2FRLX6w%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
November 26, 2008 16:41 ET (21:41 GMT)
Publié le 26 novembre 2008 Copyright © 2008 Dowjones
Partager sur:
