Tuesday, October 24, 2006

Bilateral Trade: Chile and Colombia sit down for free trade talks

Chile and Colombia have begun their second round of free trade talks in the Colombian city of Barranquilla. Local media reports the talks are supposed to end with a deal ready for signature on Nov. 27.

The negotiating teams are scheduled to deal with issues ranging from public purchases to labor. According to reports, the discussions will involve two committees - a health and animal hygiene committee, which will work from Monday to Wednesday, and a trade defense committee, which will meet on Wednesday.

The two committees will get together on Thursday and Friday to discuss cooperation and initiatives to promote trade. Other sessions include market access, rules of origin, customs procedures, services and investment.