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USGC works with Colombia on FTA details

The U.S. Grains Council says it has a team working with Colombian officials ahead of the implementation of the U.S./Columbia Free Trade Agreement which goes into effect May 15th.

Kurt Shultz, USGC Regional Director for Latin America, says there are still some details that need to be ironed out. While they’re pleased the Colombian government is pressing ahead with the FTA, he says May 15th is “an aggressive deadline.”

Shultz says there needs to be a mechanism for administering the FTA’s tariff rate quotas (TRQ’s) for U.S. corn and grain sorghum. And, he says, Colombia’s biotech labeling requirements for GMOs in raw materials destined for human consumption are not in sync with those of the United States – adding the USGC and Colombian government and industry officials are looking for “a workable solution.”

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