FOR IMMEDIATE RELEASE
Thursday, August 24, 2006

SECRETARY GUTIERREZ STATEMENT ON THE PRESIDENT’S INTENTION TO ENTER INTO A FREE TRADE AGREEMENT WITH THE REPUBLIC OF COLOMBIA

“I am very pleased that President Bush has notified Congress of his intent to sign the U.S.-Colombia Trade Promotion Agreement (CTPA). The CTPA is a comprehensive trade agreement that will enhance economic growth and prosperity for the people of the United States and Colombia, and I look forward to consulting with Congress as the process moves forward.

“Here at home, the agreement will generate new export opportunities for U.S. agriculture, industry, service providers and workers. In Colombia, the CTPA will attract new investment, create jobs and raise living standards in a region that is making commendable strides toward peace and economic prosperity.

“Earlier this month, I traveled to Colombia for the inauguration of President Alvaro Uribe and had the opportunity to speak with him at length about his vision for the future. I look forward to working with President Uribe and his economic team to expand our already strong relationship.”