Victor Hugo Echeverri Jaramillo, Colombia’s ambassador in New Delhi, told reporters that the tariffs imposed by former U.S. President Donald Trump have opened a door for India and Colombia to build a stronger business partnership.
The ambassador said that while the high U.S. tariffs have hurt both economies, they also create a chance for “new alliances” and tailored tariff deals. “The trade war won’t last forever, but it does give us a window to find fresh partners and boost cooperation,” he added.
What the current trade looks like
India and Colombia already trade a few key products. Colombia exports oil and thermal coal to India, while India sends two‑wheelers, agrochemicals and pharmaceuticals to Colombia. Jaramillo believes this is just the beginning. “There is huge potential for growth if Colombia increases its exports to India and India taps the Colombian market,” he said.
Colombia’s strategic spot
Colombia sits at the northern tip of South America, giving it quick access to both the Caribbean and the Pacific. The ambassador highlighted Bogotá’s airport – the busiest in Latin America for passengers and cargo – as a regional hub. He noted that many companies choose Colombia because of its stable economy and political system, and he expects continual improvement that will help trade and investment expand.
Looking ahead
With the current tariff climate easing, India and Colombia can explore “differential tariff arrangements” to exchange goods more smoothly. The promise of new partnerships, coupled with Colombia’s advantage in strategic geography and a growing market, signals a bright future for India‑Colombia trade.
Source: ianslive
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