Processing Magazine

Dow Applauds Progress on U.S.-Colombia Free Trade Agreement

April 7, 2011

As a major manufacturer in both Colombia and the United States, The Dow Chemical Company congratulates both governments on closing the remaining gaps to progress on the bilateral free trade agreement, according to Business Wire. For Dow, the agreement is a significant step forward, as it removes tariffs and barriers to key American exports and supports growth in the Colombian domestic market. The agreement will remove 90 percent of current tariffs assessed to Dow''s more than $200 million in American manufactured goods exported to Colombia. Removal of these tariffs levels the playing field, sustaining American manufacturing by ensuring free and fair market access to Colombia''s vital and growing domestic economy. Dow has operated in Colombia for 51 years.