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NFTC Welcomes Announcement of May 15 Implementation Date
Date: 4/16/2012
Written By: Jennifer Cummings, The Fratelli Group for NFTC, (202) 822-9491

Washington DC – The National Foreign Trade Council (NFTC) today applauded the U.S. and Colombian governments for working together to set a date for implementation of the U.S.-Colombia Free Trade Agreement (FTA). The NFTC welcomed the Administration's announcement yesterday that the agreement will enter into force on May 15, 2012. The NFTC released the following statement:

"We welcome the announcement and applaud the Administration for working in concert with the Colombian government to set a date for implementation of the FTA, as the agreement will further strengthen our longstanding bilateral economic ties and promote U.S. export growth and job creation.

"Colombia is fast becoming a leading economic player in Latin America. With the third largest economy and more than 46 million consumers, Colombia is an expanding market for U.S. goods and services. Implementation of the agreement will ensure that American companies, farmers and ranchers will remain competitive in this critical market and have new opportunities to maximize economic growth and create American jobs.

"The NFTC urges the Administration to press forward and continue to work with the Panamanian government, as it did with South Korea and Colombia, to implement the U.S.-Panama FTA as soon as possible."
 


 
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About the NFTC
Advancing Global Commerce for Nearly A Century- The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.
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