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Economy - overview:
Colombia's economy has been on a recovery trend during the past two years despite a serious armed conflict. The economy continues to improve thanks to austere government budgets, focused efforts to reduce public debt levels, and an export-oriented growth focus. Ongoing economic problems facing President URIBE range from reforming the pension system to reducing high unemployment. New exploration is needed to offset declining oil production. On the positive side, several international financial institutions have praised the economic reforms introduced by URIBE, succeeded in reducing the public-sector deficit below 1.5% of GDP. The government's economic policy and democratic security strategy have engendered a growing sense of confidence in the economy, particularly within the business sector. Coffee prices have recovered from previous lows as the Colombian coffee industry pursues greater market shares in developed countries such as the United States. |
Trade Fairs,
Exhibitions, Conferences: |
Bogotá International Trade Fair
The Bogotá International Trade Fair, Industrial Exhibition, motor of development and business contacts, stimulates commercial and technological exchange, investment, industrial spirit and competition from Colombia to the world and reverse.
Colombiamoda
A designers, apparel, machinery and household textile show
Venue: Plaza Mayor, Medellín, Colombia
Colombiatex
Apparel and home furnishing textile, machinery and supplies show
Venue: Plaza Mayor, Medellín, Colombia
Corferias
Annually over 25 events are carried which reunite nearly 6,500 exhibitors and over 1,500,000 visitors from around the world. This fact has positioned Corferias as Latin America’s more saleable showcase and the country’s development motor.
Expo Artesanias
Fair that exhibits the richest and most varied sample of products with the best in the indigenous, traditional and contemporary handmade expression through handmade products elaborated with natural raw material.
Inexmoda: Colombian fashion and export institute
Inexmoda is a private non profit organization, created in 1987, that works for the fiber-textile-apparel-retail sector, to strengthen is trade.
Acts as consultant to foreing companies so they contact Colombian industries who can satisfy their order needs and likewise help Colombian businessmen in their advancement of improvements in production and competitivity.
Supports the exports promotional activities organized by Proexport Colombia.
Organizes specialized trade fairs Colombiatex: and Colombiamoda. |
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