U.S.-Colombia Trade Deal to Take Effect in May
A free trade agreement between the United States and Colombia is set to take effect next month, leaders of both countries said Sunday at the Summit of the Americas in Colombia.
The United States and Colombia agreed to the pact last year, but implementation was contingent on Colombia taking a series of steps to improve workers’ rights.
At a joint news conference in Cartagena with President Barack Obama, Colombian President Juan Manuel Santos cheered the deal as a 20-year dream come true.
“This will create thousands, millions of jobs in the United States and Colombia,” he said. Read more here.
Date: April 16, 2012