Domestic Firms Fear FTA's Ratification

Colombian pharmaceutical companies represented by the industry association ASINFAR remain apprehensive over the country's free trade agreement (FTA) with the US, which has been ratified by the Colombian Congress after two years of bilateral talks. BMI expects the US to ratify the treaty in 2007, in a development that is seen as highly positive for R&D-based multinationals operating in the Latin American

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