Columbia foreign trade minister Bert ROM announced, according to the Columbia ordinance no. 2394, from this year on October 28 298 tax number to the mechanical equipment (both for member states of the Andean cannot be produced) levied on imports, zero tariff validity by 31 December 2003, when the machinery equipment import duties back to the previous level (usually 5%).

The Columbia these measures are the main purpose is to encourage private enterprise investment, the development of production and expand employment and economic growth.

2001 elder brother mechanical equipment imports totaled $1.9 billion, of which about 90% for AnGongTi member states do not the production of machinery and equipment.

The Columbia law of 2394, which includes 298 tax article no. Specific name, will be released recently.