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Latino Daily News

Monday July 7, 2014

Puerto Rico Ramps Up Trade with Colombia with New Trade Office

The Puerto Rican government this week will open a trade office in Bogota with the aim of promoting the Caribbean island as an investment destination, a government official announced Sunday.

The spokesperson for Puerto Rico’s economic development and trade department, or DDEC, Keyla Rodriguez, told Efe that a high-level delegation including the heads of various agencies will travel to Bogota to participate in the office’s inauguration.

Rodriguez said that the office will have the main mission of tightening bilateral trade relations although it will also be an instrument for promoting cultural, tourist and educational agreements between the U.S. commonwealth and the South American nation.

“We want to intensify the promotion of Puerto Rico to attract investment and promote the export of services from the island,” said Rodriguez about the new office.

DDEC secretary Alberto Baco and the executive director of the Puerto Rico Trade and Export Company, Francisco Chevere, will be part of the delegation that will travel to the Colombian capital.

The initiative is part of the plan formulated by Puerto Rican Gov. Alejandro Garcia Padilla’s administration to strengthen the network of the island’s trade offices around the world, including in Spain, the Dominican Republic, Panama and New York City.

The Bogota trade office’s opening comes a year after after Avianca Airline inaugurated direct flights between Bogota and San Juan.

Avianca recently announced that it will increase the number of direct flights between the two cities from three to four per week starting on July 21.

The increase in demand by businessmen and tourists for more flights on that route motivated the Colombian airline to expand its offerings.

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