Welcome!

News Feed Item

Record Number of U.S. and Canadian Companies Participate in Colombia's 50th Business Matchmaking Forum in Bogota

The Colombian Government Trade Bureau - Proexport -- is hosting its largest trade event ever in which 3,962 international and domestic companies are participating. This demonstrates the nation's growing role in global markets.

MIAMI, Feb. 19, 2014 /PRNewswire/ --  (PXP) -- A total of 1,228 international buyers and 2,734 national exporters will meet today in Bogota, Colombia, for the country's 50th Business Matchmaking Forum. The event is expected to generate more than US$140 million in agreements between Colombian exporters and international businesses from more than 58 countries. The United States and Canada are represented by a record number of companies, including major brands such as Coca-Cola, Verizon and Perry Ellis, among others.

The first business matchmaking forum was held in 1997. Nearly 200 entrepreneurs from the U.S. visited the country to meet with approximately 400 of their Colombian counterparts. Over the last 17 years, more than 8,500 entrepreneurs from 70 countries have participated in the Matchmaking Forums, which have become an important tool for learning about Colombian businesses and the goods and services they provide.

This year, 323 U.S. companies – the largest delegation from a single country – and 98 Canadian companies are expected at the forum, demonstrating the strength of Colombia's free trade agreements (FTAs) with both countries. The forums strengthen the trade agreements currently in force in Colombia, which have value-added benefits for buyers who decide to do business in the country, such as the reduction or removal of customs tariffs, customs cooperation and assistance, and cross-border services, among others.

Additionally, Business Matchmaking Forums offer international buyers a chance to find all products and services from potential Colombian exporters in a single place. With the aid of Proexport Colombia, foreign companies can find a supplier that matches their expectations and requirements.

Colombian products and services are innovative and high quality with competitive pricing. Products and services from Colombia are also able to customized to meet buyers' demands.

"We will break all of our records for business participation, but more importantly the event shows that Colombia has a growing reputation as an international supplier. The matchmaking forum establishes a strategic platform to allow national companies to diversify their markets and identify new trade opportunities with niche products. Meanwhile, international buyers are able to take advantage of the diverse, competitive and innovative products that Colombia offers," said Maria Claudia Lacouture, President of Proexport Colombia, the agency charged with promoting trade, foreign investment and tourism.

More than 60 percent of buying companies attending the Business Matchmaking Forum in Bogota are attending for the first time, and 14 markets that had never participated in these events before will also be represented. From Colombia, 40 percent of exporters participating in the 50th forum have never attended before.

The forum will be held on February 19th and 20th, 2014 at the Corferias International Business and Exhibition Center in Bogota. Approximately 18,000 business meetings have been scheduled among the representatives of the participating companies.

Concurrently, the first virtual business matchmaking forum will also be held, allowing foreign buyers that are unable to travel to Colombia to meet via teleconference with Colombian exporters of their choosing. Companies from countries such as the U.S., Canada, Spain and Costa Rica will interact with at least 50 Colombian exporters through a videoconference system, allowing for 180 virtual business meetings. Proexport created this system in order to provide opportunities to smaller buyers.

There will also be a manufacturing sector investment opportunity seminar with 42 potential and existing investors who are considering Colombia as their next investment destination.

Participating exporters and buyers span 140 different subsectors from within the areas of agribusiness, services, manufacturing and clothing. In the past few years, Colombia has seen increased demand for fresh flowers, fruits, textiles and services such as animation and business process outsourcing (BPO).

Proexport Colombia operates in 30 countries through 28 business offices, working towards strengthening trade relations by inviting foreign buyers to Business Matchmaking Forums and providing valuable information to help them detect import opportunities of Colombian products, goods, and services.

For more information on Proexport Colombia and upcoming macrorruedas, please visit http://www.proexport.com.co/en.

 

 

 

SOURCE Proexport Colombia

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...