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Evidencia 3 Ensayo
Evidencia 3 Ensayo
For his part, the Colombian Congress ratified the TLC, by means oflaw 1143 of
July 4, 2007 and the Constitutional Court, declared itexact to the constitution, on
July 24, 2008, by means of thejudgment C-750 of 2008.
8 In a beginning the agreement wasapproved in the Colombian Congress with t
he denial of the worksurfaces of the opposition of the left and it centred left, in th
eparties of the Alternative Democratic Pole and Colombian LiberalParty,
but later the main opponent of this project would be theCongress of the United
States that did not approve it after theDemocratic Party was reaching the majori
ty in the congress of thiscountry and Bush were changing the positions opposite
to thepolitics of the government. Finally, the agreement betweenColombia and t
he United States, was approved by the House ofRepresentatives and the Ameri
can Senate, on October 12 of 2011. 9
The agreement was approved in VI Summit of the Americas thattook place in C
artagena from April 9 until April 15, 2012, and intentered validity on May 15,
2012.
• Increase and acceleration of the economic growth derived from thebiggest flo
w of capital.
• Increase of the exports, especially those of products and servicesthat were not
considered to be earlier how "traditional"; on themarket.
• Increase of the competitiveness of the national industry derivedfrom the acces
s to new technologies, raw material and knowledgeoriginated from another coun
try to less costs.
• Stability of the labor market in the industrial sector, as thecompanies will need
its personnel plant to produce the goods thatthey will export. Likewise, there exi
sts the possibility of generatingmore employment as the sales are extended on t
he foreign market.
• Increase of the investment confidence.
• Modernization of the State and of the organizations related to theforeign trade.
3. What are the disadvantages?