Government TPR |
WT/TPR/G/372 |
G-III§19 |
Colombia |
2018 |
Trade Policy Framework |
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One of the National Development Plan targets was that by 2018 Colombia should consolidate and strengthen its multilateral and bilateral foreign policy agendas by concentrating on the sustainable development framework. (…)
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Government TPR |
WT/TPR/G/372 |
G-III§20 |
Colombia |
2018 |
Trade Policy Framework |
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Relevant information
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Accordingly, trade policy has sought to increase the internationalization of Colombian produced goods and services by taking advantage of the tariff preferences and disciplines governed by the trade agreements in force, including (…) sustainable development (...)
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Government TPR |
WT/TPR/G/372 |
G-III§29 |
Colombia |
2018 |
Sectors |
Ban/Prohibition, Other support measures |
Fisheries |
Relevant information
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(...) the recovery of rural areas in Colombia is one of our post conflict commitments, and accordingly we urge other Members to continue working within the WTO framework to complete outstanding tasks such as (...) a ban on illegal, unregulated and unreported fishing, and a comprehensive agreement on fisheries subsidies – including subsidies that contribute to overfishing and overcapacity, by 2020.
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Government TPR |
WT/TPR/G/372 |
G-III§36 |
Colombia |
2018 |
Trade Policy Framework |
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3.35. Since 2013 one of the Government's major goals has been for Colombia to accede to the Organisation for Economic Co operation and Development (OECD). (…)
Specifically, the accession process has enhanced the implementation of (…) consolidated interest in drawing up a responsible and sustainable investment policy (...)
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Government TPR |
WT/TPR/G/372 |
G-III§37 |
Colombia |
2018 |
Trade Policy Framework |
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The Colombian Government believes that accession to the OECD will favour the sustainability of important structural public policy reforms. (…)
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Secretariat TPR |
WT/TPR/S/372/REV.1 |
S-Summary§21 |
Colombia |
2018 |
Measures |
Technical regulation or specifications |
Not specified |
Relevant information
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(...) Technical regulations are issued through decrees and resolutions, and exceptionally through laws. During the period from January 2012 to the end of 2017, Colombia submitted 62 substantive notifications to the WTO Information Centre (126 if the addenda and corrections are included). At December 2017, 105 technical regulations were in force in Colombia. The products covered include (...) products that have an environmental impact. (...)
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Secretariat TPR |
WT/TPR/S/372/REV.1 |
S-I§4 |
Colombia |
2018 |
Measures |
Tax concessions |
Energy |
Relevant information
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(…) the authorities found it necessary to develop a macroeconomic policy strategy aimed at strengthening the production base. In this connection, the medium term macroeconomic programme known as "Colombia Repunta" (Colombia bounces back), which was introduced in February 2017, contains a number of economic competitiveness enhancing measures. (...) The incentives considered to promote private investment include: (...) tax incentives for power generation from renewable sources (...)
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Secretariat TPR |
WT/TPR/S/372/REV.1 |
S-Table-II.3 |
Colombia |
2018 |
Measures |
Ban/Prohibition, Investment measures |
Other |
Relevant information
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Table 2.3 Restrictions on private investment
Activity Type of restriction by origin of the investment Legal framework
Domestic Foreign
(…)
Processing, disposal and elimination of toxic wastes (dangerous or radioactive) not produced in Colombia N/A Prohibition Single Regulatory Decree No. 1.068 of 2015
(...)
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Secretariat TPR |
WT/TPR/S/372/REV.1 |
S-II§44 |
Colombia |
2018 |
Measures |
Tax concessions |
Energy |
Relevant information
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There are also tax exemptions for companies set up in free zones and for those operating in certain industries (for example (…) the renewable energies industry).
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Secretariat TPR |
WT/TPR/S/372/REV.1 |
S-III§3 |
Colombia |
2018 |
Measures |
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All products/economic activities |
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By Decree No. 390 of 7 March 2016 the Government established a new Customs Statute aimed at compiling, updating and simplifying Colombia's regulations and adjusting them to best international practices, in order to facilitate trade and implement Colombia's commitments under trade agreements. Decree No. 390 also seeks to strengthen risk management in customs control so as to (...) prevent environmental (...) risks (...)
3.5. The main changes introduced by Decree No. 390 include, inter alia, the harmonization of terminology, processes and procedures with international standards; a new comprehensive risk management system as a fundamental pillar for the exercise of customs control; new requirements and categories of foreign trade operators classified on the basis of risk, and the elimination of previous types of special treatment (...)
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