Soon to become new member of Madrid Protocol
On May 31st 2011, Colombian Congress issued definitive approval to Madrid Protocol, concluding in this way the corresponding legislative proceeding.
The membership to the Protocol must be now sanctioned by the Colombian President and submitted to Constitutional examination.
Becoming member of this Treaty was included in the obligations undertaken by Colombia when entering into the FTA (Free Trade Agreement) with USA.
Together with Cuba, Colombia would be the only country of the region being part of this system.