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Grocery Manufacturers Association Applauds Progress on U.S. – Colombia Free Trade Agreement

GMA Press Contact

Scott Openshaw / Brian Kennedy

office: 202-295-3957 / 202-639-5994

(WASHINGTON, D.C.) The Grocery Manufacturers Association (GMA) applauded today’s announcement that the United States has reached an agreement with Colombia on labor and judicial reforms that will help clear the path toward congressional approval of the U.S. – Colombia Free Trade Agreement.

“On behalf of GMA and its member companies, I commend the efforts of both President Obama and Colombian President Santos in striking this accord, which is a significant breakthrough in moving toward the ultimate goal, ratification by Congress of the U.S. - Colombia Free Trade Agreement,” said GMA President and CEO Pamela G. Bailey. “With some of the highest tariff rates in South America, to date Colombia has been a relatively small market for U.S. exports. However, with 45 million consumers, including a significant middle class, ratification of the Colombian FTA would result in a significant increase in US exports of food, beverages and consumer products.”

“With many of our trading competitors having already completed FTAs with Colombia, as well as with Korea and Panama, we urge the Administration to move to the next step, submission to Congress for ratification of all three pending FTAs (with Korea, Colombia, and Panama),” concluded Ms. Bailey.