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News & Insights

NFTC Welcomes Implementation of U.S.-Colombia FTA

May 15, 2012


Washington DC – The National Foreign Trade Council (NFTC) today welcomed the implementation of the U.S.-Colombia Free Trade Agreement (FTA). The NFTC released the following statement:

“We welcome today’s implementation of the Colombia FTA, an agreement that will increase U.S. competitiveness, boost U.S. exports and job growth, and further strengthen the economic and diplomatic relationship between the United States and Colombia.

“Colombia has seen significant economic growth in the past few years, and has grown to be a leading economic force in not only Latin America, but also the world. With the trade agreement now in place, U.S. companies and agricultural producers will have greater access to this dynamic market, ensuring the United States remains competitive there and providing more opportunities for economic growth and job creation here at home.

“With both the Colombian and South Korean trade agreements now implemented, we urge the Administration to work with the Panamanian government to implement the U.S.-Panama FTA as soon as possible.”

 

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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