Recently Released Market Study: Colombia Agribusiness Report Q3 2012
BMI View: In May, the long-stalled free trade agreement (FTA) between Colombia and the US finally was put into action. The FTA was first signed in 2006 but had not been ratified owing to continuing concerns in the US over Colombia's human rights record. The pact eliminates tariffs on 77% of agricultural products immediately, with the remainder to be phased out over the coming 3-19 years.
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