TRADE POLICY REVIEW

REPORT BY

COLOMBIA

Revision

Pursuant to the Agreement Establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement Establishing the World Trade Organization), the policy statement by Colombia is attached.

Note: This report is subject to restricted circulation and press embargo until the end of the first session of the meeting of the Trade Policy Review Body on Colombia.

Contents

1   MACROECONOMIC, TRADE AND INVESTMENT ENVIRONMENT. 3

1.1   Main internal macroeconomic variables. 4

1.2   Main external macroeconomic variables. 5

2   THE NATIONAL DEVELOPMENT PLAN.. 6

3   TRADE, INDUSTRY AND TOURISM SECTOR POLICIES. 10

3.1   Productive Development Policy. 10

3.2   Foreign Trade Policy. 13

3.3   Sectoral Tourism Plan. 19

4   COLOMBIA AND THE MULTILATERAL TRADING SYSTEM.. 20

5   CONCLUSIONS. 22