This report discusses the proposed U.S.-Colombia Free Trade Agreement (CFTA) signed November 22, 2006, which has not yet been approved by Congress. It includes an overview of the proposed CFTA and U.S.-Colombia trade, background on Colombia, issues for Congress to consider, Colombia's plan to improve labor rights, and the actions that Colombia has already taken to improve violence, labor, and human rights within the country.

This report provides background on Colombia's armed conflict and describes its key players. It briefly analyzes prior negotiations with the FARC and the lessons learned from those efforts that apply to the current talks. It examines what has transpired in the talks during more than two years of closed door sessions. The report also examines some of the constraints that could limit the success of the peace talks and looks at the prospects for the current negotiations.

This report discusses pending U.S. free trade agreements (FTAs) with South Korea, Colombia, and Panama. The bills to implement these agreements will now be debated under trade promotion authority, or fast-track rules, designed to expedite congressional consideration. The report includes an overview of agricultural issues regarding FTAs and pending FTA partners, as well as a closer breakdown of the specific issues for each of the countries.