EVIDENCIA 3

ENSAYO FREE TRADE AGREEMENT

ASLEY RAMIREZ MONTAÑO

INTERNATIONAL BUSINESS

SENA
REGIONAL TOLIMA

BOGOTA D.C

2022
 TRIAL

Colombia and the United States began their agreements in November 2006 where Law 1143

emerged in 2007 from the Colombian Congress which differed from the agreement made in

2006 but this time with law and policies, this was signed in Washington on June 28, 2007.

After this, on October 12, 2011, the United States Congress approved this agreement, but

then the President of the United States that year Obama sanctioned this agreement on

October 21, 2011, and required an improvement of it, therefore Colombia had to make

improvements to this agreement to guarantee better conditions and legal channels

After all this process, the exchange of the two nations Colombia and the United States is

finally made, which was evidenced at the VI Summit of the Americas in Cartagena, where

the FTA finally enters the free trade agreement, however, it must be decreed and took as

decree 993 on May 15, 2012, which took as name "TRADE PROMOTION AGREEMENT

BETWEEN THE REPUBLIC OF COLOMBIA AND THE UNITED STATES OF AMERICA"

Obtaining this as a requirement to give effect to this agreement.

Actualmente Colombia vende alrededor .

The United States has become our main trading partner where it bought around 40% of

exports in 2005, and the United States is also one of the countries with the highest GDP.

However, the FTA in Colombia is important since it allows our products to be better

marketed and recognized, it allows us to be within the largest markets in the United States,

and of course observe the amount of population that has 314 million. It is also important

because it helps us generate more employment and more opportunities for Colombians.
The free trade agreement benefits both the consumer and the producer of both countries, for

the consumer it generates a massive supply of exported products, which makes exporters

gain both clients and greater entry and recognition, generating economic growth.

Currently, Colombia sent to the United States the primary sector, which is agribusiness in

more specific terms, snacks, confectionery, all part of the dough for the bakery, on the other

hand, Colombia is known as one of the largest exporters of all kinds of flowers and roses, is

also one of the largest producers and as a specialty of coffee cultivation that makes us one

of the best and largest of this, they will even be able to extract coffee essences, sugar is also

exported but it is exported purely.

Colombia is very good at creating innovative products. We even managed to export large

manufacturing materials such as construction materials, especially (coatings), containers,

packaging, citric acid esters, and even some parts of a car such as auto parts, including

brake linings, construction materials are obtained but these are only windows, doors that

would be their frames.

Colombia has also increased the textile industry, foreigners and even many from the United

States choose Colombian clothing among the best-selling swimwear, and girdles since we

are one of the best manufacturers of girdles and control clothing, also leather shoes and of

course points of tourism.

In all these sectors, they are the ones in which we do best since they are generally skillful

points and in favor that we achieve and that we obtain from the resources of our land, which

makes us embrace as essential in the United States, in addition to quality is what genres

plus exports.
Notwithstanding the foregoing, the advantages obtained by both countries are very great

and effective, since before finishing the FTA process, a test was carried out which was going

to define its impact or perhaps not, which was very successful and Colombia currently it

remains one of the most competitive and one of the most open countries in the world;

therefore, this guarantees a movement of greater than the products which makes having an

acquisition of goods for the capital.

Another of the greatest contributions is the consumers since they also benefit from the

delivery of the quality of the product that Colombia offers.

The exported products with the greatest benefit and advantages are:

FLOWERS: They are one of the most exported especially for dates like February 14 when

the day of love and friendship is celebrated this increases the number of exports, and their

tariff to pay is a little more than 6% and they generate more than 200 thousand jobs.

https://www.tlc.gov.co/acuerdos/vigente/acuerdo-de-promocion-comercial-estados-unidos

https://www.tlc.gov.co/TLC/media/media-TLC/Documentos/Notas-generales-lista-

arancelaria-de-la-Republica-de-Colombia.pdf