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This figure represents a 5.4% increase compared to the $5.5 billion USD in revenues in 2016.

The agreements focus on erasing regulations and “tramites” that slow down time to market across borders.

Though the 57 billion pesos allotted for 2018 are substantially below the 161 billion pesos invested last year, Colombia's commerce ministry stressed that the investment is critical.

“This is a sign of the road to recovery,” said Colombian Minister of Commerce, Industry, and Tourism María Lorena Gutiérrez.

With nearly 5.8 million foreign visitors from January through November, the country boasted growth of 27.7% compared to 2016.

On top of minimal cloud cover, Tatacoa’s proximity to the Equator gives stargazers the ability to view 88 constellations.

Lacouture served as commerce minister for the Santos administration from May 2016 until last month.

Exports from Colombia to South Korea totaled $182 million USD from last July through May 2017 compared to $137 million USD the prior year.

"Travelers arriving to Mompox have the possibility to live a unique experience," said María Claudia Lacouture, Colombia's minister of commerce.

Four beef producers have already been approved to start shipping their products to Chile, which imports some $800 million USD of meat per year.