FTA boosts Colombian flower sales to U.S.

Valentine’s Day is the biggest market for the flower industry of Colombia and according to the Colombian embassy sales have grown because of the implementation of the U.S./Colombia Free Trade Agreement.

The South American country exports 500 million flowers to the U.S. each year and Colombian flower exports make up 76 percent of all flowers sold in the U.S., according to the Association of Colombian Flower Exporters.

Flowers they export during the Valentine’s Day season make up about 12 percent of Colombia’s annual sales in that sector.

Colombia FTA “finally” in place says AFBF

With the Colombia Free Trade Agreement with the U.S. now in effect, the potential for new U.S. ag sales is skyrocketing, says the American Farm Bureau Federation.

“We projected this will mean over $350 to $370-Million a year of new sales in the not too distant future of ag products now that we’re competitive,” says American Farm Bureau Trade Specialist Dave Salmonsen.  He adds – it took a long time in coming. The negotiations began with Colombia eight years ago and the deal was essentially completed six years ago. In that time span, Argentina – and, just last year Canada – reached tariff agreements with the South American country.

“You know, the U.S. paved the way and showed that this could be done and what potential benefits would be, but, our process bogged down and moved so slowly that other countries took advantage of it.”

Total US exports under the Colombia FTA will grow by more than one-Billion dollars, according to government estimates.

More than half of U.S. ag products going to Columbia are now tariff-free and in the next few years tariffs will be phased out completely.

~AFBF contributed to this report~

Illinois corn farmers to visit Colombia

A delegation of Illinois corn farmers, representing the Illinois Corn Growers Association and the Illinois Corn Marketing Board will visit Colombia this month to learn more about the market opportunities in that country following passage of the Colombia Free Trade Agreement (FTA).

While in Colombia, the Illinois delegation will meet with potential buyers, as well as spend time with both the Colombian Swine and Poultry Association, they’ll visit a dairy cooperative, a swine production unit and SOLA, one of the top three feed millers in Colombia.

The group returns to Illinois on February 19.

Colombian officials happy with FTA movement

Colombia President Juan Manuel Santos says he’s pleased President Barak Obama kept his word to Colombia to move the pending Free Trade Agreement with his country forward. In a statement released Monday, Santos called it a “mountain goal” that they have been climbing for six years but adds that it is “not the final goal.” Ultimately, Santos says, the U.S. Congress needs to ratify the free trade agreement.

In addition, Colombian Ambassador to the U.S. Gabriel Silva – says the free trade agreement with his country WILL level the playing field for American businesses, workers and farmers. In a statement, Silva said, they believe the FTA will be approved and will strengthen the competitive presence of the U.S. in Colombia.

Addressing the human rights concerns, Silva says the decision also confirms – “the progress made by Colombia in protecting labor rights and in (its) fight against violence and impunity.”

President Santos says the FTA means more economic growth and jobs and fits Colombia’s national goals of “More security, more jobs, and less poverty.”

President Obama on Monday also handed the pending U.S. FTAs with Panama and Korea to the U.S. Congress.