Colombia seeks closer business ties with C American states

09:47, October 27, 2009      

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Colombia's Vice President Francisco Santos on Monday urged business people from Central America to forge closer ties with Colombia.

He made the appeal during a regional conference in Guatemala City, according to news reaching Mexico City.

A total of 312 Colombian businessmen and 282 from Central America were attending the Central America-Colombia Business Round-table conference.

The round-table is part of the trade-boosting measures as agreed through a 2007 free trade agreement between Colombia, Guatemala, El Salvador and Honduras.

The vice president said at the opening of the round-table conference that his country's social security, economic policy and social cohesion programs have helped restore its credibility as an investment destination.

Speaking on the same occasion, Guatemalan Vice President Rafael Espada described Colombia as "a model of development and respect," and said that Guatemala views Colombia as a good trading partner.

He added that Guatemala has an agriculture-based economy that depends heavily on imports, which in turn offers Colombian business people a lot of of opportunities to boost their exports.

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