The Auto Care Association and the American Chamber of Commerce in Colombia will be hosting a free webinar on business opportunities in the automotive industry in Colombia. The hour-long webinar will take place on March 19, 2019 at 3 p.m. ET and will provide participants with a country profile, market information, best business prospects and information on the association’s upcoming trade mission to Colombia, June 5-6, 2019.
Colombia has emerged as a highly-viable international business market for the automotive aftermarket. Under the U.S.-Colombia Free Trade Agreement, most auto parts enter the market tariff free and tariffs on other parts will be reduced to zero over the next one to five years. With 49 million inhabitants, Colombia is the fourth largest economy in Latin America, and in contrast to most Latin American countries that have only one or two major cities, Colombia has five commercial hubs. In addition, U.S. exports to Colombia in 2017 were valued at USD $13.3 billion.
The complimentary webinar will feature first-hand market insights from the American Chamber of Commerce in Colombia. Participants will have the opportunity to raise questions and have their specific interests addressed during the webinar.
Key topics to be discussed include:
Doing business in Colombia – why and how;
The automotive industry in Colombia – size and scope;
The best prospects and opportunities existing for the automotive aftermarket in Colombia; and
Details on Auto Care Association’s trade mission to Colombia.
The webinar is open to all Auto Care Association members and non-members. For more details about the webinar and to register, click here.
To learn more about the Auto Care Association’s trade missions, please visit www.autocare.org/trade-missions or contact Carolina Arregoces at carolina.arregoces@autocare.org or 240-333-1037.
Participants of the Colombia trade mission will have the opportunity to visit EXPOPARTES, the largest Colombian automotive parts fair organized by Asopartes, a Colombian trade association representing auto parts importers and distributors. Expopartes features more than 280 local and international exhibitors with over 25,000 visitors for 2019.
Sign up to receive the weekly Aftermarket Intel Briefing newsletter here.
