Colombian governments have traditionally welcomed private companies, privatization and foreign investment, including Colombia international trade. This attitude was reinforced when the economy “opened” in the early 1990s in a process geared to internationalize the country. The opening of the economy sparked important changes in legislation on foreign investment, the exchange rate, the financial sector, the […]
Coltrade informs you about the Colombia trade partners, declaring that Colombia is a proven partner of the United States in the Western Hemisphere because of its trade and investment potential; its democratic, free market values; and its unwavering fight against illegal drugs and terrorism. The U.S.-Colombia Trade Partnership will significantly enhance both Colombia’s and the United States’ strategic […]
Colombia is a free market economy – the fifth largest in Latin America- and major commercial and investment ties to the United States. Its transition from a highly regulated economy has been underway for more than a decade. In the early 1990s, Colombia unilaterally initiated economic liberalization or “apertura” which has included tariff reductions, financial […]
The United States Government enacted the Andean Trade Preference Act in 1991 to help combat drug production and trafficking in four Andean countries: Bolivia, Colombia, Ecuador and Peru. The program offers trade benefits to help the beneficiary countries develop and strengthen legitimate industries. ATPA was expanded under the Trade Act of 2002, and is now […]
On coltrade.org you can find comments about the Colombia – U.S. Free Trade Agreement. Comments by U.S. Companies and Industry Associations “A U.S.-Colombia Free Trade Agreement is a very positive step in achieving a climate of liberalization throughout the hemisphere.A free trade agreement with Colombia will stimulate both passenger and cargo traffic between the two […]
