Executive Briefings

It's Good for Everybody that U.S.-Colombia Free-Trade Pact Has Gone Into Effect - Finally

Six years after it was signed, the U.S.-Colombia free-trade agreement has taken effect, giving the U.S. economy a shot in the arm. Tell us again why this pact was a bad thing?

Look at the Port of Long Beach. Recently, port officials drove the first golden pile into the water for their $1.2bn upgrade and expansion, hailing a modernization that will double the port's traffic when completed in 2019.

The project restores the California port as the biggest in the U.S., and competitively answers the Panama Canal's $5.25bn expansion.

Increased trade capacity makes that possible - and nothing turbocharges trade more than free trade treaties.

With the U.S.-Colombia free trade pact going into force, the U.S. stands to gain $1.1bn in new sales to Colombia, meaning plenty of demand for Long Beach. In anticipation, overall U.S. trade with Colombia increased 19 percent last year alone.

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Keywords: Amber Road, Global Trade Management, Technology, Legal, Govt. & Regulatory Issues, Business Strategy Alignment, Supply Chain Analysis & Consulting, Global Supply Chain Management, The United States, Latin America, Panama Canal expansion, Port of Long Beach expansion

Look at the Port of Long Beach. Recently, port officials drove the first golden pile into the water for their $1.2bn upgrade and expansion, hailing a modernization that will double the port's traffic when completed in 2019.

The project restores the California port as the biggest in the U.S., and competitively answers the Panama Canal's $5.25bn expansion.

Increased trade capacity makes that possible - and nothing turbocharges trade more than free trade treaties.

With the U.S.-Colombia free trade pact going into force, the U.S. stands to gain $1.1bn in new sales to Colombia, meaning plenty of demand for Long Beach. In anticipation, overall U.S. trade with Colombia increased 19 percent last year alone.

Read Full Article


Keywords: Amber Road, Global Trade Management, Technology, Legal, Govt. & Regulatory Issues, Business Strategy Alignment, Supply Chain Analysis & Consulting, Global Supply Chain Management, The United States, Latin America, Panama Canal expansion, Port of Long Beach expansion