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The visit will be a part of the secretary’s larger trip to South America, including stops in Brazil, Argentina, and Chile.

For Canada, Colombia represents the smallest partner of the four nations at just $1.2 billion USD in trade last year.

"The next administrations in both Chile and Colombia will face challenges to achieving fiscal consolidation," said Fitch.

The IMF is predicting 2.3% GDP growth for Colombia in 2017, a decrease from the 2.7% expansion the institution had forecasted in October.

The Colombian peso began depreciating in the lead up to the U.S. presidential election and took a big tumble today.

Three years after the Free Trade Agreement was ratified and put into effect between the US and Colombia, both sides are already seeing tangible benefits. Vital in managing the trade relations between the two countries, the US Commercial Service works out of the United States...