It also has agreed to knock out the compulsory middlemen, the bane of businesses trying to penetrate China, who currently have the sole right to import, export and distribute products.
The US would have an opportunity to increase the export of US farm products because the 11.3% percent tariffs on imported products that now exist would be eliminated in Colombia.
For years, American manufacturers of high-speed computers have been seeking the elimination of all export controls on the sales of their products overseas.