In November 2003, the Bush Administration announced that it intended to begin negotiations on a free-trade agreement (FTA) with these nations, which would reduce and eliminate foreign barriers to trade and investment, support democracy, and fight drug activity. This report briefly discusses this announcement, as well as the major issues and concerns relating to negotiation, and the Andean Trade Preference Act (ATPA), the FTA's predecessor.

This report focuses primarily on U.S. economic interests in the Trans-Pacific Partnership (TPP) agreement. It provides a comparative economic analysis of the countries currently negotiating the TPP and describes the U.S. trade flows with these countries at the bilateral level and in relation to the countries' economic linkages with the rest of the world. It also provides information on the existing trade agreements of TPP countries. As such, this report aims to serve as an introduction to the economic relationship these countries have, both individually and collectively, with the United States.

This report provides an overview of the structure of the Pacific Alliance, events leading up to its creation, and the economic significance of the Member countries.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.