exports to Colombia are also increasing as a result of this bilateral trade agreement.įor instance, in 2013, U.S. ![]() Like with any long-lasting relationship, this partnership isn’t one-sided. each year.Īs couples take the opportunity to strengthen their relationship each February, Colombia and the United States are cultivating their own partnership. Colombia supplies more than half of all fresh-cut flowers imported into the U.S. From there they are shipped all across the country.Īmericans are obsessed with Valentine’s Day, making Colombia America’s top fresh-cut flower trading partner. ![]() These flowers travel approximately 1,500 miles from Colombia to Miami International Airport. fresh-cut flower imports from Colombia were valued at $659 million, an increase of $97.1 million from 2011. and Colombia will be phased out within 15 years.Īfter just five years, the agreement is already blossoming. ![]() Most remaining tariffs, and other barriers, on goods and services traded between the U.S. When the agreement went into effect in 2012, tariffs on approximately 80 percent of all U.S. Thanks to the U.S.-Colombia Trade Promotion Agreement, Americans don’t have to pay extra taxes on Colombian-grown flowers. But little known to most Americans, one factor is making their Valentine’s Day purchases even sweeter.
0 Comments
Leave a Reply. |