Luis Restrepo, executive director of the U.S. for ProColombia, explains how Colombia’s strengthened relationship with the United States is having an impact on trade, tourism and investment in the country as Colombia enters the third year of its free-trade agreement. Restrepo explains how tourism is adding to the country’s revenue as he says it’s grown dramatically in the past four or five years. With crude oil being Colombia’s largest export, its government expects 60% less revenue this year from oil than it saw in 2013, but Restrepo says its exports are diversified. They include products like coffee, bananas, textiles and agricultural products. Restrepo also reveals what trends are taking place in terms of investments in Colombia and his outlook on the country’s economy.
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