U.S. and Colombia Review Implementation of Bilateral FTA
The U.S. and Colombia recently held the second meeting of a bilateral commission responsible for overseeing the implementation and further elaboration of the U.S.-Colombia Trade Promotion Agreement. Among other things, trade officials reviewed the trade and economic impact of the agreement on both countries since the previous commission meeting held in November 2012. According to USTR, both sides indicated that the bilateral trade relationship has continued to strengthen during the six years the agreement has been in force and that they have worked together constructively to resolve issues when they arise.
Trade officials also discussed a number of issues of concern, including intellectual property, digital trade and telecommunications, services, agriculture-related issues, textile and apparel matters, truck scrappage, and how better use can be made of the agreement by certain sectors. Furthermore, the two sides reviewed their ongoing engagement on labor issues, an area in which the Colombian government has made progress addressing the issues identified in the 2017 Public Report of Review of U.S. Submission 2016-02 (Colombia). Officials stated that work remains and that both sides will continue to work together on the pending issues identified in the 2017 report.