Free trade frenzy

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The main focus of Colombia’s international economic policy might be the FTA with United States, now hindered in the US Congress. But it is not the only interest. In less than a week, the country struck two free trade agreements and also secured an important cooperation deal

They include two of the biggest countries in the world –China and Canada- and a group of four politically small –but stable- European states, which have ratified their support for trading with Colombia even amidst one of the biggest economic crises of all time.

President Hu is considering, according to Chinese Press Agency Xinhua, “increasing imports from Colombia to realize a balanced rise in bilateral trade”. He added that his government will continue to encourage Chinese investments in Colombia, especially in areas such as infrastructure, construction, agriculture, telecommunications and energy.

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