This is an opinion item.
Author(s)
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Investor's Business Daily editorial board
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Source
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Investor's Business Daily
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Date
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January 22, 2009
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URL
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http://www.ibdeditorial.com/IBDArticles.aspx?id=317519214306093
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Quote
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"The matter is urgent, because the global economic downturn is hitting Colombia hard now. With Colombia's joblessness hitting 10.8% and industrial output down more than 13% in November, it can't wait much longer. What's more, the absence of a free-trade deal has driven much of the country's trade to Venezuela, an economy that faces a massive collapse as falling oil prices, waste, corruption and Hugo Chavez's hostile investment climate take their course. Colombia's economy could go down down with it."
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Add or change this opinion item's references
This item argues for the position Agreement should be ratified on the topic Colombia-United States Free Trade Agreement.