The United States-Colombia Trade Promotion Agreement (TPA)
The United States-Colombia Trade Promotion Agreement, sometimes called the Colombia Free Trade Agreement or FTA, was signed on November 22, 2006.
The Colombia FTA is a comprehensive free trade agreement. When the Colombia FTA enters into force, Colombia will immediately eliminate most of its tariffs on U.S. exports, with all remaining tariffs phased out over defined time periods.
The Colombia FTA also includes important disciplines relating to customs administration and trade facilitation, technical barriers to trade, government procurement, investment, telecommunications, electronic commerce, intellectual property rights, and labor and environmental protection.
U.S. firms will have better access to Colombia's services sector than other WTO Members have under the General Agreement on Tariffs and Trade. All service sectors are covered under the Colombia FTA except where Colombia has made specific exceptions.
The U.S.-Colombia Trade Promotion Agreement entered into force on May 15, 2012. The Agreement provides immediate benefits for U.S. exports. A summary of these benefits is provided here.
Industry Opportunity Reports
Select from the links below to view reports profiling the current trade and tariff environment between the United States and Colombia, and the sector-specific market access results of the U.S.-Colombia Trade Promotion.
- Agricultural Equipment
- Building Products
- Construction Equipment
- Consumer Goods
- Electrical Equipment
- Environmental Goods
- Fish and Fish Products
- Footwear and Travel Goods
- High-Tech Instrumentation
- Information and Communications Technologies
- Medical Equipment
- Metals and Ores
- Paper and Paper Products
- Shipping and Transportation Equipment
- Textiles and Apparel
- Wood and Lumber