International trade · 01/10/2008

U.S. to Suspend Bolivia's Trade Preference Status Over Counternarcotics Concerns

The U.S. government has proposed suspending Bolivia's designation as a beneficiary country under the Andean Trade Preference Act and the Andean Trade Promotion and Drug Eradication Act, due to the Bolivian government's failure to meet counternarcotics cooperation requirements, prompting a public hearing and comment period.