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FAS/Colombia is writing a series of reports on the opportunities and challenges for agriculture under the Colombia Trade Promotion Agreement (CTPA), which went into force in May 2012.
U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.
This report analyzes the reasons behind the recent drop in participation of Colombian banks in the GSM-102 program.
Colombian demand for U.S. pulses (dry peas, lentils and chickpeas) has been constrained because of the competition with Canada, which entered into a free trade agreement with Colombia in 2011.
Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.