The largest Colombian Business Forum is ready to welcome over 1,000 international buyers under the same roof
ProColombia has led the trade promotion between the Caribbean and Colombia for the last 20 years. The 60th edition of this business matchmaking forum will take place in Bogota, Colombia where buyers and investors from over 50 countries around the world are expected to join.
BOGOTA - ProColombia, the Colombian Government Trade Bureau has played a fundamental role promoting exports from Colombia to the Caribbean generating an increase of 4% in the last year of non-traditional products. Colombia has revamped its image and today it represents one of the most stable economies in Latin America growing 4.4% annually (2010-2015).
The Colombian Business Matchmaking Forum will take place March 17-18, 2016 in Bogota, Colombia. This epic event will acquaint 2,000 Colombian suppliers with over 1,000 international buyers. During this 2-day event, buyers are assisted with a tailored agenda where they meet in a one-to-one business setting with qualified suppliers with up to 18 meetings.
The event will bring together the most important suppliers from the textile and apparel, agribusiness, manufacturing, and services industries showcasing a wide range of innovative and high quality products such as confectionery, various food preparations (sauces, colorings, condiments, flavorings and seasonings), fresh and processed fruits, vegetables and aromatic herbs, textiles, apparel and accessories, IT services, BPO, health services, animation services, and all kinds of manufactured products such as cosmetics made with natural ingredients, construction materials, wood and furniture, plastics, chemicals, pharmaceuticals, and auto parts.
“More than a business matchmaking event, this is a contribution to the expansion of our export network. It helps our national industry grow and expand to new areas as well as give the Caribbean businesses an opportunity to explore and acquire our high-quality products manufactured with the highest innovation and attention to detail” said Maria Claudia Lacouture, ProColombia’s President.
In addition, the Free Trade Agreement between the United States and Colombia has been pivotal to the diversification of products and companies accessing the American market. From January to November 2015, Colombia registered 2,116 companies exporting to the US - the largest number in the trade history between the two countries – mainly driven by the manufacturing and agribusiness industries accessing though the U.S. east coastal ports in Florida, New York and Texas. Following the FTA in 2012, Colombia has exported to the U.S. 434 new products featuring infant formula, natural cosmetics, dog toys, underwear, shapewear, hydraulic powered lifts, and textiles manufactured with plastic from recycle bottles; among many others.
Due to its enviable logistical position with access to several markets worldwide, Colombia has established itself as an export platform for logistic hubs. Colombia has 13 free trade agreements and 3 partial agreements in force that allows the country access to more than 45 countries and 1.5 billion consumers in markets such as United States, Europe Union, Brazil, Mexico, Chile and Peru.
The free trade agreement with the United States benefits trade with Puerto Rico. In June 2015 the protocol that improves market access conditions for Goldenberry fruit was signed and on July 30 of the same year the first shipments arrived to the country. In terms of connectivity, Colombia offers access to the Pacific and Atlantic oceans. The country has more than 16 shipping companies offering services to 56 ports in the Caribbean, such as: Caucedo, Kingston, Havana, Oranjestad, Point Lisas, Pointe a Pitre, Port of Spain, Rio Haina, San Juan, Willemstad, among others.
In 2016, the Colombian Government will be focused on strengthening its growth of non-traditional products setting an expansion goal of 19.3% versus 2015. ProColombia is spearheading virtual meetings to promote 24/7 communication between companies and buyers to facilitate reliable trade information to Caribbean business and enable them to connect effectively with Colombian suppliers.