Colombia signs FTA with Mercosur
{{date|January  2, 2006}}

President [[w:en:Alvaro Uribe|Alvaro Uribe]] signed, on December 30, 2005, a law that ratifies a [[w:en:FTA|FTA]] with [[w:en:Mercosur|Mercosur]] and gives [[w:en:Colombia|Colombian]] products preferential access to a market of 230 million people. Colombian entrepreneurs will also be able to import materials and capital goods from Mercosur at lower costs due to reduced tariffs resulting from the agreement.

The agreement’s asymmetry clauses favor Colombia because it allows the gradual and progressive reduction of tariffs and likewise gives Colombia the opportunity to gradually reform its production system to adapt it to the requirements of future negotiations within the scheme of Mercosur and the [[w:en:South American Community of Nations|South American Community of Nations]]

This agreement along with previous treaties signed with the [[w:en:Andean Community|Andean Community]], [[w:en:Mexico|Mexico]], [[w:en:Chile|Chile]] and the  FTA with the [[w:en:United States|United States]] currently under negotiation, highlight the geographic position of Colombia as a center for investment.

==Sources==
{{publish}}
*{{source|url=http://elpais-cali.terra.com.co/paisonline/notas/Enero022006/a702n1.html 
|title=Colombia ingresa a Mercosur 
|author=
|pub=El Pais
|date=January 2, 2006}} ([http://translate.google.com/translate?u=http%3A%2F%2Felpais-cali.terra.com.co%2Fpaisonline%2Fnotas%2FEnero022006%2Fa702n1.html&langpair=es%7Cen&hl=en&ie=UTF8 trans])
*{{source|url=http://www.peru21.com/P21Online/Html/2006-01-01/olEconomia0431000.html
|title=Colombia pone en vigencia ley ratifica acuerdo TLC CAN-Mercosur
|author=
|pub=Peru21.com
|date=January 1, 2006}} ([http://translate.google.com/translate?u=http%3A%2F%2Fwww.peru21.com%2FP21Online%2FHtml%2F2006-01-01%2FolEconomia0431000.html&langpair=es%7Cen&hl=en&ie=UTF8 trans])

{{archive}}
[[Category:Colombia]]
[[Category:Economy and business]]

[[es:Colombia ratifica acuerdo de libre comercio con el Mercosur]]
[[pt:Colômbia ratifica acordo de livre comércio com o Mercosul]]
President Alvaro Uribe signed, on December 30, 2005, a law that ratifies a FTA with Mercosur and gives Colombian products preferential access to a market of 230 million people. Colombian entrepreneurs will also be able to import materials and capital goods from Mercosur at lower costs due to reduced tariffs resulting from the agreement.

The agreement’s asymmetry clauses favor Colombia because it allows the gradual and progressive reduction of tariffs and likewise gives Colombia the opportunity to gradually reform its production system to adapt it to the requirements of future negotiations within the scheme of Mercosur and the South American Community of Nations

This agreement along with previous treaties signed with the Andean Community, Mexico, Chile and the  FTA with the United States currently under negotiation, highlight the geographic position of Colombia as a center for investment.

es:Colombia ratifica acuerdo de libre comercio con el Mercosur
Colômbia ratifica acordo de livre comércio com o Mercosul
Colombia Economy and business