Representatives of the governments of Colombia and the U.S. signed a bilateral free trade deal last week which is expected to be the biggest agreement since NAFTA was signed over a decade ago. This is assuming, however, that the deal can be ratified through opposition in Congress which is expected to be much greater once the Democrats start controlling it in January. The free trade deal has been met with mixed opinions in Colombia; business owners anticipate an expanded market for their goods, yet labor unions worry that workers’ rights will be eroded. Image- exploitz.com (Village market in Boyaca, Colombia)
Links- BBC News, Miami Herald, Washington Post, Los Angeles Times
Tags- Colombia, free trade, international economy
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