Opportunities For Colombian Textile Sme´S

International SEPT Program University of Leipzig
Essay: Opportunities for Colombian Textile SME´s in the Free Trade Agreement with USA Case Golf Apparel

Name of Student: Juan Camilo Romero Lopez Email of Student: cromero_lopez@hotmail.com Matriculation Number: 2827366

Module: 103 New Scientific Discourses of SME-Promotion Supervisor: Dr Noor Un Nabi Date of submission: 15.03.2012CONTENTS 1 2 2.1 2.2 2.3 Introduction ................................................................................................ 5 Free Trade Agreement ............................................................................... 6 Definition ............................................................................................................ 6 Purposes............................................................................................................ 8 Preferential Trade Agreements .......................................................................... 9 Trade Effects ............................................................................................... 9 Why Join a PTA .........................................................................................10

2.3.1 2.3.2 3 3.1 3.2

Content of the FTA between Colombia and USA................................... 10 Institutional Aspects ......................................................................................... 11 Access to Markets ............................................................................................ 12 Investments............................................................................................... 12 Industry ...................................................................................................... 13

3.2.1 3.2.2 4 5 5.1

Importance of the FTA with USA to Colombia ....................................... 14 Textile Industry in Colombia ................................................................... 15 Golf Apparel inColombia ................................................................................. 16 Manufactures of Golf Apparel in Colombia ................................................ 17

5.1.1 6 6.1

Golf Market in USA ................................................................................... 18 GeneralAspects............................................................................................... 18 2

Figure 1 – Core and Occasional golfers in USA ........................................... 19 6.2 6.3 7 8 9 Market growth .................................................................................................. 21 Expected market growth .................................................................................. 22 Challenges to Colombian Textiles SMEs onFTA with USA ................. 23 Conclusion ................................................................................................ 24 References ................................................................................................ 25

LIST OF FIGURES Figure 1 – Core and Occasional golfers in USA .......................................... 20 Figure 2 – Golfers in USAdescription ........................................................ 21 Figure 3 – Annual influx of golfing population in USA………………………22 Figure 4 – Evolution of non-golfer interest in Golf …..………………………23

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LIST OF ACRONYMS ALCA ANDI ATPDEA CAN DANE EU FTA PTA MERCOSUR NAFTA PROEXPORT Área de Libre Comercio de las Américas Asociación Nacional de Industriales Andean Trade Promotion and DrugEradication Act Comunidad Andina De Naciones Departamento Administrativo Nacional de Estadistica European Union Free Trade Agreement Preferential Trade Agreement Mercado Común del Sur North American Free Trade Agreement Entity responsible for promoting international tourism, foreign investment and non-traditional exports in Colombia. SME Small and Medium Enterprise

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1 Introduction
The signing...