User:Will1552/sandbox
Relations Brazil and Colombia Relations
[edit]Brazil and Colombia relations are the relations between the Federative Republic of Brazil and the Republic of Colombia. They each have an embassy in one another's country. Brazil's embassy is located in Bogota while Colombia's is located is Brasilia. Both countries also have an ambassador to the other country as well. They share a land border with each other also. Relations between both countries have not been the best throughout their history. They have been up and down in the past but recently they have decided to change that and improve them. They have strengthened relations with one another tremendously. They have done this by signing agreements, laws, and treaties into action.
Trade and Investment between Brazil and Colombia
[edit]Trade between these countries have not been high until about the past decade which has seen a huge spike in it. From 2005 to 2014, trade flows between Brazil and Colombia increased exponentially going from 1.5 billion US dollars to 4.1 billion US dollars. This is a huge increase in trade growth for both countries. The list of exports between both countries are widely varied. The main resources Brazil exported to Colombia were propene, automobiles, tires, AC generators, combustion engines and parts of turbojet engines. These do not include all of Brazil's exports just what they exported to Colombia. Colombia exports to Brazil include: crude petroleum, coal briquettes, coffee, refined petroleum and cut flowers. Even with all of this growth happening there is still much more potential between the countries. Brazil and Colombia are wanting to explore to find out the full potential of bilateral trade relations. Another thing that helps bolster trade between Brazil and Colombia are trade agreements. One signed recently helped improve trade even more. It improved trade in the automotive sector and helped assure an earlier agreement from October 2015 that sought to boost bilateral trade in vehicles as well. Another aspect that is helping relations is investment. Colombia having one of the largest economies in South America is a reason why it is such an investment destination for countries including Brazil. Brazilian companies have invested in many sectors including: the iron and steel industry, oil and mining, finance, and even information technology. These are just some of the sectors companies have invested in.
Timeline of Agreements and Relations
[edit]The first instance of an agreement signed was in 1907, when Brazil and Colombia signed the Treaty of Boundaries. This was just a treaty defining the boundaries of both countries and where the line would be. Both governments decided they would use the Tabatinga–Apapóris line as the actual line between them. This would not be the last time the boundary conflict would be visited. In 1925, Brazil, Colombia and Brazil would meet again to sign another treaty including boundaries again. This treaty would just assure that the countries would use the Tabatinga–Apapóris line as the boundary line between them. The next relation would be when the President of Brazil, Figueiredo, would visit Colombia in 1981. This was the first visit from a head of state from Brazil. In 1981 also, a Visit from the President of Colombia, Julio Cesar Turbay Ayala, to Brazil happened as well. Another agreement was signed into action on November 7, 1994. It was called the Basic Technical Cooperation Agreement between Brazil and Colombia. This agreement impeded the illegal use of precursors and chemical substances essential to the processing of narcotics and psychotropic substances. Basically making any narcotic and psychotropic illegal in either country.