Applicable under the U.S.-Colombia Trade Promotion Agreement (CTPA) for eligible goods meeting rules of origin requirements and subject to quantitative limits as per note 10(b)(1).
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Colombia Trade Agreement Strengthens Bilateral Trade Under Quantitative Limits
A recent report highlights the effectiveness of the U.S.-Colombia Trade Promotion Agreement (CTPA) in facilitating trade under specific quantitative limits as per note 10(b)(1) for certain HS codes. Both countries have seen stable trade flows in affected categories.
October 15, 2023
Impact: Positive for maintaining predictable trade volumes in restricted categories, ensuring compliance with agreed limits while supporting exporters.
Colombian Exporters Seek Clarity on Quantitative Limits for HS Code Categories
Colombian trade associations have raised concerns over the interpretation of quantitative limits under note 10(b)(1) for specific HS codes, requesting clearer guidelines from U.S. authorities to avoid shipment delays.
September 20, 2023
Impact: Potential short-term disruptions in trade due to uncertainty; resolution could streamline export processes.
U.S. Customs Tightens Monitoring of Quantitative Limits on Colombian Imports
U.S. Customs and Border Protection announced stricter enforcement of quantitative limits specified in note 10(b)(1) for certain HS codes under the U.S.-Colombia trade agreement, aiming to prevent quota overages.
August 5, 2023
Impact: May lead to delays or rejections of shipments exceeding limits, urging exporters to closely monitor quotas.
Policy Updates
Update to Enforcement Guidelines for Quantitative Limits Under CTPA
U.S. authorities updated enforcement guidelines for quantitative limits under note 10(b)(1) for specific HS codes in the U.S.-Colombia Trade Promotion Agreement, emphasizing digital tracking tools for quota compliance.
