Pubdate: Thu, 27 Sep 2001 Source: Wall Street Journal (US) Copyright: 2001 Dow Jones & Company, Inc. Contact: http://www.wsj.com/ Details: http://www.mapinc.org/media/487 Author: Charles Roth, Dow Jones Newswires Bookmark: http://www.mapinc.org/find?203 (Terrorism) PROSPECTS BRIGHT FOR NEW ANDEAN TRADE DEAL WITH U.S. NEW YORK -- Prospects for renewal of a preferential trade pact allowing goods from several Andean nations better access to the U.S. are rapidly improving. Although the administration of George W. Bush has consistently made clear that it wants renewal of the Andean Trade Preferences Act, which expires Dec. 4, and key legislators from the both sides of the aisle had expressed their support for it, doubts about its future were numerous until Sept. 11. Before the terrorist strikes in the U.S., there was little appetite to push trade deals while the U.S. economy was sputtering and unemployment was rising. But since the attacks, the surge in bipartisanship at the Capitol and the Bush administration's efforts to build coalitions and deepen ties with friendly nations bode well for the ATPA, as the accord is known. This week, U.S. Trade Representative Robert Zoellick renewed the administration's call for fast-track trade powers. "Trade Promotion Authority" would allow the administration to negotiate trade deals that would be subject only to yes-or-no votes by Congress. But renewal of the ATPA may not need Bush's securing fast-track power, as the Senate's approval Monday of a free-trade agreement with Jordan demonstrates. Earlier this year, Senator Bob Graham, D-FL, submitted a bill for the renewal of the ATPA, though since then not much action on it was taken. No bill has yet been introduced in the House, said Rep. Bas Callenger, R-NC, but he noted that House Speaker Dennis Hastert, R-IL, supports it as well. Another supporter, Representative Gregory Meeks, D-NY, noted the ATPA is part of a broader Andean initiative to fight illicit drug production and trafficking. The U.S. has already committed $1.3 billion in mostly military aid to Colombia to help the country eradicate drug crops in its territory. The crops are a primary source of revenue for insurgent guerilla groups. At the same time, the Bush administration has allotted about $800 million to Colombia's neighbors to help them handle any spillover from Colombia's internal conflict. Venezuela Want In, But Questions Remain Brian Walsh, a spokesman for Representative Benjamin Gilman, R-NY., said his boss believes the ATPA is a "logical extension" of the other two initiatives. "Drugs create thousands of jobs," Walsh said. The congressman, he added, believes that "we need to counter those with legitimate jobs and help them (Andean nations) build stable, democratic market economies." In addition to Colombia, Ecuador, Peru and Bolivia are current beneficiaries of the ATPA. The other Andean nation, Venezuela, is not because it wasn't in the past either a source or transit point for illicit drugs. Over the last couple years, however, Venezuela has indeed become a transit point, and reports of drug production near its long western border with Colombia have become increasingly numerous. Venezuelan officials have said they want the country to be included in the ATPA, but the U.S. has been reticent to extend what would amount to a political gift to President Hugo Chavez. Although Venezuela is a top exporter of crude to the U.S., its non-oil exports to the northern giant are minimal. The problem, according to one Bush administration official, is Chavez's choice of friends. The Venezuelan president has literally embraced in official state visits Iraq's Saddam Hussein, Libya's Muammar Gaddafi and repeatedly praised the fruits of Fidel Castro's revolution in Cuba. Venezuela has also denied the U.S. access to its airspace for anti-drug surveillance flights. On the other hand, Chavez condemned the Sept. 11 strikes against the U.S. and pledged to "share intelligence" in Washington's fight against terrorism. Venezuelan banking authorities, at the behest of the U.S., are investigating 11 bank accounts of foreigners suspected to have ties with terrorist organizations. Chavez has also assured the U.S. that Venezuela will continue to supply it with oil. Thus, as it did bilaterally with Jordan, the U.S. might possibly reward Venezuela's cooperation and include the country in a renewed ATPA. Economically, More Important To Andes Than To U.S. One other factor favoring the extension of the ATPA until 2005, when the Free Trade Area of the Americas should take effect, is the relatively little impact it would have on the U.S. economy, the Bush administration official said. "The ATPA can run under everybody's radar screen," he said. That wasn't the case with the Caribbean Basin Initiative, which was passed last year and "was worth hundreds of millions of dollars," he said. To give an economic boost to most Caribbean nations, the U.S. overcame internal opposition and extended them roughly the same degree of market access that Mexico enjoys under the North American Free Trade Agreement. Now, Andean nations want equal trade benefits, the official said, noting that the Andean nations' exports aren't numerous enough to threaten many U.S. jobs anyway. He added that textile and apparel exports might be among the few, if significant, exceptions, and could be handled in the same way that they were with Caribbean nations: U.S. fabric is used in garment assembly lines in member states and then exported back to the U.S. While the stakes might not be terribly high for the U.S., they're important to Andean nations, said Victor Rico, director general of the Andean Community of Nations. Over the last decade, the ATPA has generated $1.2 billion in additional trade and 112,000 in new jobs for the four Andean countries. Currently, about 6,000 products are covered under the ATPA, Rico said. But the Andean countries want not just textiles but also leather products and tuna from Ecuador included. While possible, extending duty-free access to these products may be a bit difficult, Rep. Ballenger said. - --- MAP posted-by: Terry Liittschwager