Finally, finally, I see public acknowledgment of a key aspect of U.S. economic policy toward Colombia that is usually obscured. Back in 2008, I asked the following:
Colombiabenefits now, and the doesn’t, then how does an FTA benefit both of us? Right now, U.S. has access but also protection of domestic industry, and an FTA gets rid of the latter. Colombia
So you can ignore all the arguments you hear ad nauseam about how essential an FTA is for Colombia, as House Republicans are finally discussing the real reason they support an FTA, which is that the status quo benefits Colombia too much. From the new Chair of the House Ways and Means Committee:
Without a timetable on all three agreements, Mr. Camp said, conservatives weren't likely to back an extension of the Andean trade program, because it reduced tariffs on Colombian exporters without lowering them on U.S exports to Colombia, as a trade agreement would do.
The key benefit of an FTA for Colombia is to avoid the constant stress of renewal deadlines for trade preferences.