TECNÓLOGO EN NEGOCIACIÓN INTERNACIONAL

FICHA: 2374650

EVIDENCIA 3: ENSAYO “FREE TRADE AGREEMENT (FTA): ADVANTAGES

AND
DISADVANTAGES”

PRESENTANDO POR:
ANDRY GISELLE GARCÍA ORTIZ

CENTRO DE LA INDUSTRIA
LA EMPRESA Y LOS SERVICIOS
REGIONAL NORTE DE SANTANDER

01/10/2022
Minister of Commerce, Industry and Tourism highlighted that the United States is the
main buyer of our goods and services, and one of the largest investors in the country.

In the last decade, Colombia's foreign trade policy was based on deepening trade relations
with the Andean Community and efforts to obtain unilateral access to certain markets,
especially the United States, through ATPA schemes. ATPDEA, and that of the European
Union, through the SGP scheme.
Due to the growing gap between exports and imports, being the second largest for
Colombia, the need to promote important changes in trade policy is evident, such as
finding new markets and for this it is important to move forward without delay towards
the subscription of free trade agreements such as the one decided to negotiate with the
United States.
After the last extension of the ATPDEA in 2010, which ended on February 15, 2011, the
FTA with the United States is seen as a possibility for businessmen to make long-term
investments term, that increase their productive capacity and have stability over time and
favorable conditions for exports.

• In the first place, they point out the legal compatibility of the FTA with the CAN and then
they introduce issues related to the institutional aspects of the treaty, that is,
administration, transparency commitments and mechanisms for dispute resolution.
• Secondly, they present the aspects related to the access of industrial and agricultural
products and services to the markets of the signatory countries of the agreement.
It covers not only issues related to the elimination of tariff and non-tariff barriers, but also
rules of origin, customs procedures, commercial defense and public purchases.
•Thirdly, the cross-cutting issues are described, which strengthen the disciplines to which
the commercial activities of both countries are subject; It includes intellectual property
regulations, competition regulations, labor and environmental matters, investment and
the strengthening of commercial capacity.

ADVANTAGE

 Access to wider markets: essential for small businesses.

 Access to products of higher quality and lower price.
 Contact with Technological and Scientific Advances.
 Better salaries and job quality.
  It opens the doors to the largest market in the world.
DRAWBACK
We can say that some sectors of national production may be affected by the signing of
free trade agreements by opening up to international competition, however, in the
negotiations the National Government, headed by the Ministry of Commerce, Industry
and Tourism, has been very judicious in listening and working hand in hand with each of
the unions, to agree on the necessary protection measures, establishing deductible
baskets for imported products according to the sensitivity of the productive chains and for
exports verifying effective access to markets, through rules of origin and the elimination of non-
tariff barriers.
https://www.mincit.gov.co/prensa/noticias/comercio/10-anos-del-tlc-colombia-y-

estados-unidos