Colombia is Florida’s second largest trading partner, with trade totaling more than $9 billion in 2011. It is also among the top five destinations for Florida products, amounting to nearly $3 billion in exports. The Free Trade Agreement with Colombia, which became effective on May 15, is expected to be a valuable promotional tool for trade between the two nations. By eliminating the need to pay tariffs in order to export Florida goods and products to those expanding economies, Florida companies will now be able to invest their money in creating jobs. More than 90 percent of U.S. exports to Colombia will enter the country duty free or will be eligible for a phase-out of their tariffs annually for the next 10 years.
Recognizing the tremendous potential for expanding Florida-Colombia trade and investment ties, Enterprise Florida, will bring together a high-level delegation of Florida business leaders desiring to market their goods and services in Colombia. This mission is part of a strategy to promote Florida exports worldwide and help pave the way for Florida companies to enter entry or expand their market share in Colombia.
The mission will include networking events designed to connect the companies with top level Colombian corporate and government leaders, and one-to-one business matchmaking to set the stage for the marketing and sales efforts between the Florida and Colombia businesses.
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