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FTA Supporters Say U.S. Firms Losing Out To China In Colombian Market

February 22, 2011 at 4:30 PM
While supporters of the U.S.-Colombia free trade agreement have long argued that failure to pass the FTA is causing U.S. companies -- especially agricultural exporters -- to lose market share in Colombia to competitors from Canada, Europe and South America, they expanded that argument last week to cover competition from China and other Asian countries. The change comes after recent press reports that China is partnering with Colombia to build a rail corridor that would serve as an alternative to...

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