1. Wich are the advantages and disadvantages tha FTA generates?

advantage

 Access to broader markets: fundamental for small economies.

 Access to products of higher quality and lower price.
 Contact with technological and scientific advances.
 Better salaries and quality of employment.
 It opens the doors of the biggest market in the world.
 Consolidates ATPDEA preferences and covers the entire tariff universe.
 It is binding, so that uncertainty would be reduced.
 It implies lower costs in the importation of inputs and in quality.
 It generates improvements in productivity and competitiveness.
 Encourages structural reforms, and stability of the rules of the game.
 Attracts foreign direct investment

Disadvantages

 It is possible to reduce the volatility of growth, at the level of country risk and
the cost of financing private activity in general.
 We open ourselves to a new market with acquisition power greater than
ours.
 Not all sectors of the economy benefit in the same way with free trade
agreements, there are more sensitive products that are protected with
certain types of commercial defense mechanisms.

2. Wich are the objectives that Colombia has in these negotiations?

 mprove the welfare of the population through better jobs and greater
economic growth based on increased trade and national and
international investment.

 Expand sales of our products and services abroad, both in terms of

number and quantity as well as destination countries. In particular, we
hope to expand sales of agricultural products abroad. Achieve
favorable agreements for the provision of services and promote the
export of them.
 3. Do you think FTA is the best option for a country like Colombia to create Job
opportunities and to grow worldwide?

From this perspective, free trade agreements (FTAs) have been promoted in Latin
America and protectionist policies have been abolished, as well as those of state
intervention and regulation in those economies. Free trade is promoted in the belief
that this will lead to better allocation of resources and a process of competition that
will result in greater efficiency and productivity and that will allow our countries to
grow towards the external market with lower macroeconomic pressures.