Trade Agreements Colombia

    The EFTA-Colombia Free Trade Agreement focuses on the liberalisation of trade in goods. Other agricultural agreements between the EFTA states and Colombia are an integral part of the instruments for the creation of a free trade area. The agreement provides for tariff concessions for processed agricultural products. Tariff concessions for certain basic agricultural products are covered by bilateral agricultural agreements, which are part of the instruments for the creation of a free trade area between the contracting parties. That is why Colombian free trade agreements were drawn up to increase trade and investment flows, strengthen bilateral economic cooperation, support the removal of customs barriers and promote diplomatic relations. On the other hand, this type of trade agreement allows exporters to project their business, compare their products with global supply and create more jobs. Here we explain, in this regard, their influence on the country and the agreements currently in force. Environmental protection commitments: Both parties also committed to effectively implement their own national environmental laws and to adopt, maintain and implement laws, regulations and all other measures in order to meet their obligations under covered multilateral environmental agreements. All obligations under the environmental chapter are subject to the same dispute settlement procedures and enforcement mechanisms as the AAA`s trade obligations. At present, Colombia has 17 agreements covering different countries and groups of countries. These are the trade agreements in force in the country: for EFTA-Colombia trade statistics, see the EFTA trade statistics tool Why a trade promotion agreement between Colombia and the United States? Colombia-U.S.

    Trade Promotion Agreement supports more U.S. jobs, increases U.S. exports, and improves U.S. competitiveness. This comprehensive trade agreement removes tariffs and other barriers to U.S. exports, expands trade between our two countries, and promotes economic growth for both. The Chapter on Trade in Services (Chapter 4) closely follows the approach of the WTO General Agreement on Trade in Services (GATS). It covers all four types of services within the meaning of the GATS and is addressed to all services sectors.

    The chapter on trade in services covers general disciplines, while the annexes (financial services, Annex XVI; telecommunications services, Annex XVII) contain more specific provisions for certain sectors. Why Colombia? Colombia is already a strong trading partner for the United States and has the potential to be an even bigger place for business. Trade with Colombia provides increased economic opportunities for U.S. producers, workers and farmers. Colombia is a growing market for U.S. exporters and a good economic and political partner for the United States. In addition, our trade promotion agreement with Colombia helps advance U.S. trade and policy goals in Latin America. Colombia is a country that has chosen to open up to new markets and seek great opportunities around the world. This is because of the benefits that free trade can generate and its impact on the country`s economic growth.

    The U.S.-Colombia Trade Promotion Agreement (AAA) entered into effect on May 15, 2012. . . .