The American Chamber of Commerce hosts Colombian President Gustavo Petro and American business leaders for a dialogue on public-private partnerships
New York, New York – The United States Chamber of Commerce and its US Colombia Business Council (USCBC) met with Colombian President Gustavo Petro, Colombian Ambassador to the United States Luis Gilberto Murillo, Colombian Minister of the Environment Susana Muhamad and leaders American business leaders on the sidelines of the 77th session of the UN General Assembly.
“The meeting was an important and initial opportunity to have a candid exchange discussion with Chairman Petro,” said Myron Brilliant, executive vice president and head of international affairs at the U.S. House. “We have reinforced the U.S. private sector’s strong commitment to Colombia and, together with the business community, we look forward to partnering with the Colombian government to improve food security, bridge the digital divide, expand access to health care and education and supporting clean, reliable energy.”
During the meeting, the U.S. Chamber highlighted the opportunity to maximize the benefits of the U.S.-Colombia Trade Promotion Agreement (CTPA) by reducing trade barriers and promoting trade facilitation. trade, regulatory consistency and effective protection of intellectual property. By fully implementing the CTPA, adopting international standards and best practices, and promoting a market-oriented system centered on the rule of law, Colombia can continue to create the conditions that enable job creation and poverty reduction.
“The US-Colombia Business Council’s commitment to strengthening trade and investment between our countries is unwavering,” said Mauricio Ramos, CEO of telecommunications giant Millicom-Tigo and chairman of USCBC. “We look forward to continuing a constructive dialogue with the Colombian government to increase Colombia’s competitiveness, generate opportunities for all Colombians, increase the participation of small and medium-sized enterprises in the global economy, and strengthen a transparent, predictable and stable for business.
This year marks a milestone in bilateral relations between the United States and Colombia, marking 200 years of diplomatic relations and the 10th anniversary of the implementation of the CTPA. Since the implementation of the CTPA, more than 3,500 Colombian companies now export to the United States, representing a 15% increase, and Colombia’s non-traditional exports have increased from 29% to 60%. Meanwhile, more than 500 American companies currently operate in Colombia, contributing to more than 107,000 direct jobs and 350,000 indirect jobs in the country.