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![handle is hein.congrecreports/crptxgvw0001 and id is 1 raw text is: AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
GP
Calendar No. 295
107TH CONGRESS REPORT
1st Session SENATE 107-126
ANDEAN TRADE PREFERENCE EXPANSION ACT
DECEMBER 14, 2001.-Ordered to be printed
Mr. BAUCUS, from the Committee on Finance,
submitted the following
REPORT
[To accompany H.R. 3009]
The Committee on Finance, to which was referred the bill (H.R.
3009) to extend the Andean Trade Preference Act, to grant addi-
tional trade benefits under the Act, and for other purposes, having
considered the same, reports favorably thereon with an amendment
and recommends that the bill (as amended) do pass.
The amendment is as follows:
Strike out all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Andean Trade Preference Expansion Act.
TITLE I-ANDEAN TRADE PREFERENCE
SEC. 101. FINDINGS.
Congress makes the following findings:
(1) Since the Andean Trade Preference Act was enacted in 1991, it has had
a positive impact on United States trade with Bolivia, Colombia, Ecuador, and
Peru. Two-way trade has doubled, with the United States serving as the leading
source of imports and leading export market for each of the Andean beneficiary
countries. This has resulted in increased jobs and expanded export opportuni-
ties in both the United States and the Andean region.
(2) The Andean Trade Preference Act has been a key element in the United
States counternarcotics strategy in the Andean region, promoting export diver-
sification and broad-based economic development that provides sustainable eco-
nomic alternatives to drug-crop production, strengthening the legitimate econo-
mies of Andean countries and creating viable alternatives to illicit trade in coca.
(3) Notwithstanding the success of the Andean Trade Preference Act, the An-
dean region remains threatened by political and economic instability and fra-
gility, vulnerable to the consequences of the drug war and fierce global competi-
tion for its legitimate trade.
(4) The continuing instability in the Andean region poses a threat to the secu-
rity interests of the United States and the world. This problem has been par-
tially addressed through foreign aid, such as Plan Colombia, enacted by Con-
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