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Analysts say the reduction is due to the decrease in imports of corn, wheat, and other agricultural products

The two nations agreed to start working toward their shared goals by working to overcome technical and regulatory barriers to trade.

Colombia has one of the finest growing climates on planet earth, yet is continues to under-utilize the sun and rains that fall to create a greenhouse environment.

"We're getting some great results from a margin perspective, 60% margin, 65% margins on those categories."- Luis Merchan

CPI may yet go higher, obviously not to those seen on the streets of Caracas or Buenos Aires, but only Chile (13.3%) amongst the mainstream Latam economies has higher inflation.

Almost 40% of Colombia’s exports of non-mining goods were destined for Latin America and The Caribbean in September

ILC was a company that back in 2019 had 34% market share in the rum category. In just two years that grew to 66% of Colombia's rum market.

Between 2002 and 2021 UK based entities invested more than $22.6 billion USD in Colombia.

Flavia Santoro, president of ProColombia acknowledged the increasing importance of the American market for Colombia.

The event has brought together industry leaders for more than 40 years, becoming the gathering of record from Central America throughout the Andes and the Caribbean.