Congressional Summary of S 525
Andean Trade Preference Expansion Act - Amends the Andean Trade Preference Act to extend, for a specified transition period, treatment free of any duties, quantitative restrictions, limitations, or consultation levels to certain textile and apparel articles (including preferential tariff treatment under the North American Free Trade Agreement to certain non-apparel articles) imported into the United States from Andean Trade Preference Expansion Act (ATPEA) beneficiary countries (Bolivia, Ecuador, Colombia, and Peru) designated under such Act. Sets forth penalties for exporters and countries that have engaged in the transshipment of such articles from an ATPEA beneficiary country.