Colombian President delighted with results of year in trade pact with US

Colombian President Juan Manuel Santos said in the northern port of Cartagena on 15 May that a year after the application of a free-trade pact with the United States, Colombian exportation to the United States had risen and 775 firms made the United States their first export market. These firms "exported to the United States for the first time," a year after the United States-Colombia Trade Promotion Agreement (CTPA) began, when they "had not exported any product between 2010 and 2012," the Presidential website reported on 15 May. Mr Santos observed on an 18-per-cent rise in exports of farming products excluding coffee and flowers - two of Colombia's best known and established exports - while 200 products arrived in the United States for the first time, most notably he observed, exotic fruit, but also ceramic tiles, packaging machines, stainless steel sinks and sowing machines. "Behind this are more jobs for Colombians...if this is how we did in a year of global contraction, imagine what we can achieve in a stabilised global economy." He said agro-industrial exports to the United States rose 5.7 per cent that year and industrial exports 6.2 per cent, providing "many motives for us to feel optimistic."