Song of the Sirens
Why the US-Andean FTAs undermine sustainable development and regional integration
Published: June 2006
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US free trade agreements with Peru and Colombia, as well as the possible agreement with Ecuador, were negotiated under the promise of great opportunities in the world’s richest market, but the truth is that these agreements will have a devastating impact on the livelihoods of small farmers, public health, and the regulation of investment to protect the public interest.
Furthermore, they will weaken existing regional processes of integration and co-operation. Trade rules with the Andean region need to be substantially modified in order for development to become a priority once again.