02 August 2011

COLOMBIA / USA : FTA Fight Smells Sweet To Calif. Flower Growers.

                      WSJ / E.Williamson


WSJ: "A battle in Congress could kill the South Korea, Colombia and Panama trade agreements, but it could breathe new life into the California flower industry.
    California growers, besieged by imports of Colombian blooms, have gained two advantages from the trade-deal fight. It has caused Colombian flower prices to rise and delayed at least until fall the pact with Bogota, which would grant their rivals permanent, tariff-free access to the U.S. market. California's big cut-flower industry is using the impasse to lobby Congress for money to help it compete if and when the deal goes through."