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Miami to gain from Colombian trade accord with US

Thursday, May 3, 2012

With the free trade agreement between Colombia and the United States set to take effect this month, those in Miami's international trade industry should be among the winners, but concerns about Colombian workers linger.

The agreement is expected to open a higher level of trade between the US and Colombia. With Colombia already its second-largest trading partner, Miami trade businesses are expected to be a chief beneficiary of the agreement.

The Obama administration is holding out the same hope, but US labor leaders recently warned that it is too early to declare Colombia's labor action plan a success.

Source: Miami Today