Economic Section
Economic Section
The Economic Section (ECON) supports bilateral economic relations between the United States and Colombia in areas such as trade, energy, communications, finance, intellectual property rights, civil aviation, transportation, and infrastructure. The office is responsible for monitoring and reporting on developments in the Colombian economy and developing opportunities for increased bilateral economic relations.
ECON has lead responsibility in the Embassy for coordinating efforts in support of the implementation and compliance of the U.S. - Colombia Trade Promotion Agreement (CTPA or as others like to refer to it as an FTA or Free Trade Agreement).
The office also coordinates cooperation in areas such as the environment, science and technology, and combating terrorist financing. Finally, in conjunction with the Foreign Commercial Service, ECON assists U.S. businesses interested in investment and trade opportunities in Colombia and local companies interested in doing business in the United States.
Goals
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Implementation and compliance of the U.S.-Colombia Trade Promotion Agreement (CTPA).
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Increase U.S. exports and investment in Colombia.
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Continued coordination, implementation, and growth of bilateral trade and investment between the U.S. and Colombia.
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Increase energy cooperation.
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Improved respect for Intellectual Property Rights (IPR) with a goal of removing Colombia from the Special 301 List.
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