US-Colombia Free Trade Agreement

EENI- School of International Business

Sub-subject: The United States-Colombia Free Trade Agreement (FTA). Syllabus:

1. Introduction to the United States-Colombia Free Trade Agreement (FTA)
2. The main benefits of the United States-Colombia Trade Agreement
3. The United States-Colombia trade relations
4. Business Opportunities for US Exporters in Colombia. Strategic sectors
5. Access to the Colombian market. Steps for importing to Colombia
6. The chapter on Trade in Services and Investment
7. Calculation of import duties

Sample of the sub-subject: The United States-Colombia Free Trade Agreement (FTA)

Description of the Sub-Subject: The United States-Colombia Free Trade Agreement (FTA)

The United States-Colombia Free Trade Agreement (FTA) enter into force in 2012.

The United States-Colombia Free Trade Agreement will:

1. Eliminate tariffs and other barriers to international trade
2. Expand foreign trade between the United States and the Republic of Colombia and
3. Promote economic growth

The United States-Republic of Colombia Free Trade Agreement will remove important external trade barriers to the United States export products from entering to the market of the Republic of Colombia.

1. 80% of the United States exports of consumer and industrial products to the Republic of Colombia will become duty-free instantly (remaining tariffs eliminated over ten years)
2. Tariff reductions in the United States-Colombia Free Trade Agreement is estimated that will expand exports of the United States products alone by 1.1 billion dollars (source: The International Trade Commission)
3. The Commission also projected that the United States-Republic of Colombia Free Trade Agreement would increase the United States gross domestic product by 2.5 billion dollars
4. The United States-Colombia Free Trade Agreement will provide important new access to services market of the Republic of Colombia (166 billion dollars)

International Trade United States-Colombia.

1. The Republic of Colombia is the third biggest market for the United States exports in Latin America
2. The United States exported products to the Republic of Colombia: 12 billion dollars
3. The Republic of Colombia is a large importer of grains from the United States
4. Colombia exports tropical fruits to the United States Market

The Free Trade Agreement (FTA) between Colombia and the United States operates in the Latin American and the North American economic area of the Western Christian Civilisation.