Continued signs of the impending rise of Latin America and Colombia as the south american nation enters a new trade agreement with the European Union. This comes just a few short months after Colombia and the United States finalized a new trade agreement expanding a safeguarding Colombian imports to the United States (among other things.)
With a wealth of resources including oil/ gas, emeralds, as well as an abundance of agricultural products such as coffee, flowers, bananas and other foodstuffs, Colombia has become a highly attractive market to investors now that FARC and other destabilizing forces are on the wane.
Good news for Colombia and good news for investors wise enough to take advantage of this country’s enormous potential.
A new trade agreement between the United States and Colombia may usher in a new era of economic growth and strengthen political ties between the two nations.
As reported in Colombia Reports, Colombia’s biggest English language news source, while some experts caution that parts of this trade agreement may temporarily lower prices of some Colombian goods – other economic forecasters believe that this will bring financial growth and economic stability to both countries. In this webpage from US Government trade officials – the proposed benefits of this alliance our outlines – with job creation as a number one priority. I have contacted Ellie Shay at the Office of the United States Trade Representative for further comment on how this new agreement will impact medical tourism and travel to Colombia, and am awaiting a response.
What will this new trade agreement mean for medical consumers and medical travel, if anything? The Huffington Post previously predicted big wins for Colombia (2010, July) but is it too early to tell what impact this will have on the burgeoning medical tourism industry?
We’ll keep this story updated as it develops.