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Colombia agrees to free trade in information technology

Friday, March 30, 2012

Colombia is to eliminate duties on many computer products after signing up to World Trade Organization's Information Technology Agreement.

Colombia is the 74th country to subscribe to the agreement after "completing its negotiations and committing to a schedule of liberalization," said a WTC statement.

The organization's Director-General Pascal Lamy said, “It represents an important step by Colombia in its policy of modernizing and further opening its economy."

Source: Colombia Reports