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Colombia and Venezuela: Trade Policy Reforms and Institutional Adjustments

In: Trade Policy Reforms in Latin America

Author

Listed:
  • Juan José Echavarria
  • Cristina Gamboa

Abstract

Colombia and Venezuela, the two largest countries in the Andean Community of Nations (ACN), have pursued trade liberalization and reform unilaterally, regionally and multilaterally. Both countries have shown their commitment to World Trade Organization (WTO) rules and practices by introducing changes to their trade practices in response to the Uruguay Round Agreements (URAs). These modifications have implied challenges in many areas, especially in the common trade policy framework they share as the most active members of the ACN. In this sense, Colombia and Venezuela trade relations exhibit some particular characteristics within Latin America that have led to quite positive trade results and a considerable degree of private sector support.

Suggested Citation

  • Juan José Echavarria & Cristina Gamboa, 2004. "Colombia and Venezuela: Trade Policy Reforms and Institutional Adjustments," Palgrave Macmillan Books, in: Miguel F. Lengyel & Vivianne Ventura-Dias (ed.), Trade Policy Reforms in Latin America, chapter 7, pages 145-167, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52376-0_7
    DOI: 10.1057/9780230523760_7
    as

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