The free trade agreement between Colombia and the United States marks 14 years and has enabled US$186.051 million in exports since 2012. US investment reached US$41.753 million over the same period.
María Claudia Lacouture, president of the Colombian American Chamber, said the pact has delivered stable rules and preferential market access. Coffee exports rose 208 percent to US$2.541 million, while flower shipments grew 113 percent to US$2.059 million.
The export basket has diversified and relies less on oil. AmCham proposed an eight-step roadmap to generate an extra US$1.751 million in sales.
Measures include a public-private task force to monitor barriers and support for 500 firms to begin exporting. Seventy-two percent of the basket already benefits from zero tariffs.
