The Free Trade Agreement between Colombia and the United States is now in its third year and has made it impossible for small and medium-sized businesses to expand. On the contrary, it has resulted in staff cuts and a 50% reduction in sales. Department stores prefer to buy cheaper foreign imports instead of nationally produced products, which has had a devastating impact on the level of unemployment nationwide. The agricultural industry has also been especially hard hit by the FTA. Natalia Margarita reports from Bogota for teleSUR.
