OVERARCHING POLICY AGENDA
- Facilitate sustained, high‑level dialogue between the U.S. private sector and the U.S. and Colombian governments to promote policies that strengthen bilateral trade and investment, support cross‑sector competitiveness, and advance inclusive economic growth and job creation.
- Advocate for predictable, transparent, and efficient regulatory and administrative frameworks, including timely permitting and licensing processes, regulatory coherence between national and subnational authorities, and consistent enforcement of existing laws.
- Promote a stable and competitive investment climate across industries by supporting legal certainty, respect for contracts and property rights, sound tax and fiscal policies, and adherence to the rule of law.
- Serve as a cross‑sector platform for collaboration and expertise, convening member companies, subject‑matter experts, and public‑sector counterparts to share best practices, inform evidence‑based policymaking, strengthen institutional capacity, and advance policies that enhance sustainability, resilience, energy security, and long‑term economic competitiveness.
To address these themes, the USCBC has prepared policy recommendations under the following categories:
Colombia and the United States enjoy a mutually beneficial bilateral commercial relationship. U.S. goods and services trade with Colombia totaled an estimated $53.3 billion in 2024, up 8.3 percent ($4.1 billion) from 2023. The United States is Colombia’s largest trading partner and the leading destination for Colombian exports, while Colombia is currently the United States’ 25th largest goods trading partner worldwide with 37.2 billion in total goods traded during 2025. More than 600 U.S.-owned firms presently operate in Colombia and support close to 120,000 jobs. The United States-Colombia Trade Promotion Agreement (CTPA), which entered its 14th year, has been a major contributor to expanded two-way trade and has proven to be a driver for economic growth through skills and technology transfer, standards development, and labor and environment best practices.
As the CTPA marks its 14th anniversary, the USCBC strives to maximize this important trade tool to strengthen the commercial bilateral relationship between the United States and Colombia and promote sustainable trade and investment between the two countries. In accordance with these objectives, we recommend the following:
- Increase bilateral trade and maximize the potential of the CTPA
- Enhance the rule of law for business
- Encourage the participation of micro, small, and medium-sized enterprises in e-commerce
- Customs modernization and trade facilitation