Free Trade Agreement
I invite them to do click and to begin here to win today with them! But returning to Colombia and its complicated external scene, the government of Uribe has decided to put in practice some measures to attenuate the problems of competitiveness of the Colombian companies before the strong appreciation of the real type of cambo. The approval on the part of the Committee of Commerce and Tariffs of Colombia by six months of a tariff zero for the import of raw materials that Colombia does not produce looks for to diminish inflationary pressures and to improve the competitiveness of the companies through the reduction of its production costs. And to avoid an unequal competition, the committee decided to control the imports of footwear and originating preparations of China. In order to resist the excess of supply of dollars, the Colombian government is also looking for to stimulate the purchase of dollars to put brake to him to the appreciation of the Colombian peso that in which it goes of the year accumulates a nominal appreciation superior to 7%. It will be necessary to hope to see the impact of these measures in the exporting sector, but at first sight, would seem to be insufficient the foreign policy that comes developing the Colombian government in search to celebrate new Free Trade Agreement to extend the fan of destiny of the exports of the Colombian companies represents, as I already commented in previous articles, the best alternative against the vulnerability that at the moment implies the high dependency of Colombia of as unstable countries as Venezuela and Ecuador. According to the president of the Association of Industralists of Colombia, Luis Carlos Villegas and comparing the present situation with that one generated by the attempt of coup d’etat to Chvez in the 2002: " Today we counted on better instruments of commercial policy to replace mercados".
