ISDS Case Map
Colombia
Colombia will postpone signing a free trade agreement (FTA) with the United State because its English version was inconsistent with the original bilateral pact.
This text reflects the agreement reached between the United States and Colombia on February 27, 2006.
Light Industry and Trade Minister María Cristina Iglesias reiterated the government's position that Colombia and Peru would have to abandon the bilateral trade deals they recently signed with the United States if Venezuela were to stay in the Andean Community of Nations.
Venezuelan President Hugo Chavez said he would consider returning to the Andean Community of Nations trade bloc provided Colombia and Peru reconsider their trade agreements with the US.
Colombian authorities on the border with Venezuela have proposed Colombian President Álvaro Uribe and his Venezuelan counterpart Hugo Chávez to negotiate a bilateral Free Trade Agreement in exchange for the Andean Community of Nations (CAN).
Colombian authorities reject Chávez' claims. "The Andean legal framework prevails over the FTA, as expressly provided for in the final text of the FTA," said Colombia Commerce minister Jorge Humberto Botero
Colombia and Cuba may seem strange bedfellows but the stalwart US ally and its oldest adversary in Latin America are putting aside their differences to negotiate a trade deal.
Colombian President Alvaro Uribe said in January the South American nation would negotiate free trade agreements with Guatemala and El Salvador.
The USA Rice Federation says the new US-Colombia Free Trade Agreement could mean increased sales of US rice - thanks, in part, to the persistence of the U.S. Trade Representative's chief agricultural negotiator Richard Crowder.
While Ecuador was once again erupting with popular protests and Uruguayan President Tabaré Vázquez was affirming that his country would not sign the Free Trade Agreement (FTA) with the United States, Colombian President Alvaro Uribe was trying to justify himself during his visit to Bolivia by saying that "it is not a question of ideology, it is a question of markets."
