On the second day of his working visit to the United Kingdom, President Ivan Duque held several meetings Strengthening bilateral relations on issues of trade, investment and sustainability.
(Colombia and the United Kingdom will formalize their free trade agreement: these are the agreements.)
The Colombian president met with investors from sectors related to infrastructure, renewable energies, capital funds, logistics, industries 4.0, education, consultancy, supermarkets, tourism, agribusiness, export of flowers and fresh fruits, among others, and highlighted on investment potential in the country.
(“Stupidity,” Duke’s proposals for candidates to renegotiate the FTA).
“This year we anticipate new investment projects in non-oil and gas sectors that could represent more than £500m,” Duque said.
Another major meeting was with the Minister of International Trade in United kingdomRanil Jayawardena, with whom bilateral trade talks were opened, as part of an agreement Formalization and signing of a Free Trade Agreement (FTA) with this country.
With the United Kingdom’s exit from the European Union in 2019, the two countries decided to maintain tariff preferences, through six-month diplomatic notes. Colombia has already completed all of its internal procedures for the entry into force of the FTA, but the United Kingdom is still in the final process.
At the meeting, Duque described the idea of renegotiating the country’s free trade agreements as “unprecedented stupidity”.
Along with Prince William, Duke of Cambridge, the president ratified Columbia’s commitment to the Buckingham Palace Declaration. Colombia is the first country to sign the ConventionIt is committed to taking action against the illegal trade in wildlife, establishing policies that make this practice difficult, and working to put an end to this activity.
Duque met COP 26 President Alok Sharma. “We have signed a joint declaration that will mobilize climate finance for Colombia through three initiatives that accelerate the country’s transition to a green future,” he said.
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