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The new facility in Funza follows the opening a 3,500-square-meter center in Panama last year and comes as part of a wider strategy to expand in the region.

The manufacturer says it has been impacted by a shortage of shipping containers leading to steep increases in shipping costs, along with the fall in the Colombian peso, making their products more expensive.

While the rest of Latin America is going one way, Colombia is still lagging behind. Only Ecuador, with a 6.1% drop in the first quarter, performed worse.

Last year, 71.1% of the fresh, cut flowers arriving to the United States from January 1 to February 14 came from Colombia.

Infrastructure upgrades are helping Colombia become more and more competitive as Colombia looks to diversity its exports, says Juan Camilo Vázquez of Maersk Line.

After working together for more than a year to negotiate a memorandum of understanding (MOU), The investment promotion agencies of Jamaica and Colombia, JAMPRO and ProColombia, respectively, have reached an agreement to promote trade and foreign direct investment between the two...