Could China revive Colombia’s apparel industry?
Despite rising exports, Colombia’s textile and apparel industry is in a state of flux. Preferential access to the US market under the Andean Trade Promotion and Drug Eradication Act is due to end later this month, and the Colombia-US Free Trade Agreement has yet to be ratified. But could a strategic co-operation with China be the answer to Colombia’s woes? asks Jozef De Coster.