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Colombia-US Iron Out Free Trade Deal
Colombia and the US have agreed final terms of a free trade deal following a visit by President Alvaro Uribe to Washington. The two countries managed to iron out remaining differences over agricultural exports. Colombia is forecasting a 50% growth of exports over the next three years to the US, it main trading partner. The free trade accord will see lowering of tariffs and changes in investment restrictions between the two countries. The accord still needs Congressional approval.
