Free Trade Alliance Welcomes Colombian Minister of Trade
SAN ANTONIO, TX. – Free Trade Alliance – a non-profit organization dedicated to the promotion, development, and facilitation of international business and trade – will be hosting Eduardo Muñoz, the Vice-Minister of Trade, Industry, and Tourism for the Republic of Colombia in a special “Colombia FTA – Jobs For Texas” event. Free Trade Alliance supports the pending U.S. – Colombia Trade Promotion Agreement. In 2007, America’s two way trade with Colombia reached $17.9 billion, making Colombia our fourth largest trading partner in Latin America and our largest export market for U.S. agriculture products in South America. That same year total U.S. exports to Colombia reached a staggering $8.5 billion.
Free Trade Alliance forges communication networks between countries, governments, businesses, and people that help to facilitate free and fair trade. Since 1993, the U.S. economy has grown by 54%, trade agreements with other countries will only continue to help this number grow as well as lower unemployment rates, create more revenue, and allow Americans to uphold their standard of living. The pending Colombia FTA is another piece of the international puzzle that has not quite been put into place and with the upcoming event the Free Trade Alliance hopes to raise its awareness.
“Free Trade Alliance not only wants to do what’s best for our country, but for the local San Antonio community as well,” said Kyle Burns, President of Free Trade Alliance. “Given the current economic state, exports are a crucial element in U.S. companies’ survival. Our goal is to facilitate relationships and awareness of these fair trade agreements in order to open up new markets for business.”
Since the signing of the North American Free Trade Agreement (NAFTA) in 1993, many positive relationships have been forged with other countries. Canada and Mexico, for example, have become two of our country’s best trading partners thanks to contracts being put in place such as the one being sought out for Colombia. It is important for people, organizations, and the U.S. to speak out in favor of the pending trade agreement because at this time, more than ever, it is critical to provide economic alternatives to violence and support democracy in the region.
Free Trade Alliance is proud to have the opportunity to hold a forum that will ultimately help raise awareness of economic events within the community. The “Colombia FTA – Jobs For Texas” event is one small step in the journey towards the ultimate goal of global free and fair trade.