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 the 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 the tariffs and other barriers to the international trade
2. Expand the foreign trade between the United States and the Republic of Colombia and
3. Promote the 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 Colombian market.

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 the 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 US 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 largest 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.