Cámara de comercio Colombo-Checa

The Republic of Colombia is a traditional economic partner and simultaneously a very important one of the Czech Republic in Latin America. According to the number of businesses obtained in the commercial exchange and to our exports, Colombia fluctuated in the long term in the 4 th -6 th place in the commerce of the Czech Republic with the countries of this area, occupying in the lapse of 1994 - 1998 reason why reaches number of businesses obtained in the 2nd place in the commercial exchange and in the lapse of 1995 - 1997 were even located in the 2nd place even when it was about the exports (after Brazil). The trade balance accuses during long years passivity for us, which is caused by elevated Czech purchases of bananas and coffee (about 25 million dollars per year). Thanks to the increase of the Czech exports (concretely the Skoda automobiles), in the middle of 90 years the negative balance was reducing. However, since 1997 the sale of automobiles was decreasing (mainly as a result of its competitiveness diminished from the point of view of the prices). This fact, along with the reduction of the banana import, was translated both in a global decrease of the commercial exchange between countries.

The traditional lines of the Czech export were constituted by machinery products. Among them, machines were counted as tools, textile machines for the industry of the tanning, machines for the industry of the leather and machines, tractors, bearings, measurers of electricity, tools and other pieces of machinery. Between the lines different from the machinery the chemical agents found good acceptance in the Colombian market, jewellery imitation, and others, among them Malta, components of hydraulic turbines, oil paintings, drawings and paintings to the pie, etc. Since 1993 the Skoda automobiles had good exit in the Colombian market particularly, nevertheless, because of the crossing of the producer to the manufacture of new Felicie models and Octavie, considerably more expensive, in the second semester of 1998 its export decreased noticeably.

Basic agreement on the collaboration scientist-technique between the Czechoslovakian Socialist Republic and the Republic of Colombia (Bogota, 13-7-1971, in vigor as of the 19-7-1973)
Agreement on the cultural interchange between him government of the Czechoslovakian Socialist Republic and the government of the Republic of Colombia (Bogota, 23-4-1979)
Commercial Agreement between the government of the Czech Republic and the government of the Republic of Colombia (Santa Fe de Bogota, 2-5-1995, in use from the 26-11-1997)
Agreement between the government of the Czech Republic and the government of the Republic of Colombia on the visa exemption for the possesors of diplomatic passports, on watch and officials (Santa faith of Bogota, the 2-5-1995/Prague, 2-6-1995)
Agreement between the government of the Czech Republic and the government of the Republic of Colombia on the succession of bilateral agreements, decided by means of letter interchange (the Prague, 17-2-1997/Santa Fe de Bogota, 24-2-1997)

From the year 1995 is in preparation process the respective Agreement on the promotion and protection of the investments, its conclusion has been delayed because of some legislative problems in the Colombian side that not yet have been finished solving (Art. 58 of the Colombian constitution that it makes possible to execute the expropriation without compensation).

According to the possibility of reaching the corresponding Agreement on the impediment of double imposition, the Ministry of Foreign Affairs of Colombia has communicated at the end of the last month of January that the Colombian government is elaborating a policy relative to the closing of this type in agreements, and will inform opportunely to the Czech part on the result.