WORLD TRADE AGREEMENT

U.S. - COLOMBIA CARTAGENA FREE TRADE AGREEMENT 2012 Commercial Promotion Agreement between Colombia and the United START States of America. The FTA was created to help all Colombians without exception for * Protocol approved and signed by the these generate employment and Constitutional Court of Colombia on the 22nd increase their negotiations with November 2006. USA other markets. All markets are included from the industrials and * United States congress approved the agreement agricultural, intellectual property, under the law approving of the president Barak investment, shopping, e- Obama. commerce, services, environment and labor. Of all those named above the service sector is the largest currently the Colombian economy. Colombia gives access to flowers coffee sugar 99.9% COLOMBIA 81.8% domestic industry has SECTORS OF access to the of its products Unit States ECONOMY is a regional or bilateral trade agreement to expand the market for goods and services between the participating FREE TRADE countries and continents or basically worldwide. It basically involves the elimination or substantial reduction of tariffs for goods between the parties, and agreements on services. This agreement is governed by the rules of AGREEMENT the World Trade Organization (WTO) or by mutual agreement between the countries.