Mr. Toshiro Suzuki, Chief Negotiator, Ambassador for International Economic Affairs, Ministry of Foreign Affairs, Japan, Mr. Javier Humberto Gamboa Benavides, Chief Negotiator, Ministry of Commerce, Industry and Tourism, Colombia and Mr. Roberto Velez, Ambassador Of Colombia in Japan.
Bogotá DC, May 24, 2015. With a positive balance and progress in the four groups that met, the Eleventh Round of Negotiations for Economic Partnership Agreement between Colombia and Japan ended in Tokyo (Japan).
The chief negotiator of Colombia, Javier Gamboa, explained that in this particular round, the Group of Legal and Institutional Affairs concluded its work in the negotiations.
Thus, 15 out of the 18 thematic groups were concluded: Improvement of Business Environment, Competition, Telecommunications, Temporary Entry for Business Persons, Sanitary and Phytosanitary measures, Technical Barriers to Trade (TBT), Cross-border Trade in Services, Trade Defense Measures, Trade Facilitation, Intellectual Property, Financial Services, Electronic Commerce, Trade and Sustainable Development, Cooperation and, most recently, Legal and Institutional Affairs.
The 12th round of negotiations will be held in Colombia in mid-July, at a date to be confirmed by the parties in the coming days.
Meanwhile, Minister of Trade, Industry and Tourism Cecilia Alvarez-Correa, reiterated the importance of these negotiations for Colombia because Japan is the world’s third largest economy, one of the largest investors abroad and the biggest net importer of agricultural and agro-industrial products.