Once implemented, the agreement would eliminate tariffs on 80% of U.S. exports of consumer goods and industrial products to Colombia. 7% of U.S. exports would be processed duty-free within five years of implementation. The remaining tariffs would be abolished ten years after they were implemented. Colombia will join the World Trade Organization (WTO) Information Technology Agreement (ITA), which would remove barriers to trade between Colombia and computer products.  For each material of origin that would not have passed the transfer of customs – if it had not been exempt from origin – a certificate of origin or a sworn statement from the manufacturer certifying its DTA ORIGINATING status. (The manufacturer`s sworn assurances should indicate where the equipment is manufactured and where it comes from under the provisions of the free trade agreement.) Aspects of the copyright agreement should be transposed into The 2012 Colombia Bill No.  The sewing threads in positions 5204 or 5401 contained in products originating in chapters 61, 62 or 63 must be formed and completed in the United States or Colombia (see Rule 4 of Chapters 61 and 62; Article 2 of Chapter 63, under GN 34 (o)). It is the Colombian importer`s responsibility to apply for preferential duty negotiated by the FTA for qualified products. However, the Colombian importer, customs broker or customs service may ask the exporter or producer to provide a written or electronic certificate or other information in support of the importer`s debt. Verification by CBPIn the virtue of COTPA, the importer is responsible for justifying the validity of a preferential right.
This preferential right may be based on certification, other documentation or the importer`s knowledge. CBP initiates an audit with the importer using a CBP 28 form, requesting information. The trade agreement with Colombia (COTPA) came into force on 15 May 2012. Most Colombian products currently arrive in the United States duty-free and the Goods Processing Tax (MPF) and virtually all will enter free of charge until COTPA is fully implemented in 2028. Information for U.S. exporters is available at: 2016.export.gov/FTA/index.asp The application of tariff quotas for COTPA is processed in the form of separate instructions in the form of a quota book transfer (QBTs) from the Central Quota Division. These instructions include the quota period, quota opening procedures, limitation limits, applicable HTS numbers and all specific treatment instructions. The instructions are available on the CBP website on the Quota Enforcement and Administration page (see “Programs and Management”).