Colombia y el transpacific partnership agreement

Abstract

Colombia, since 1990, initiated a government plan focused on economic liberalization strategies that advocated a change in the economic model through policies such as reducing import tariffs and a number of protectionist measures, labor flexibility, the reduction of the role of the state to give prominence to the private sector and the privatization of public enterprises. In this international environment people has become aware that in an interdependent and increasingly globalized world, there’s no room for "solitary adventures of sovereign states", which justifies the proliferation of multilateral organizations in Latin America and the Caribbean in the last decade. Colombia has recently shown interest in becoming part of an economic bloc of great international relevance: the "Transpacific Partnership Agreement" (TPP); treaty composed of: Canada, USA, Mexico, Peru, Chile, Japan, Vietnam, Malaysia, Singapore, Brunei, Australia and New Zealand, accounting for 35% of global GDP and 11% of the population. This paper aims to present an objective view of TPP, creating a space for free interpretation of its profits or losses. To do this, the current state of TPP with key indicators, its performance in recent years and diplomatic relations and trade between Colombia and the member countries are analyzed.