Missouri and Colombia Leaders Sign Major Trade Agreement

Feb 3, 2016

Credit J. Stephen Conn / Flickr

Missouri's economic development director has signed a $750 million export agreement with the country of Colombia.

Governor Jay Nixon announced the agreement yesterday. The pact was signed by Economic Development Director Mike Downing and two business and industry leaders from Colombia.

Under the deal, Missouri and Colombia agree to trade a combined $750 million worth of goods in the next five years.

Nixon, Downing and other Missouri officials on the South America trip will visit Peru on Wednesday and return home Friday.

The nonprofit economic development Hawthorn Foundation is paying travel expenses for Nixon and his wife, Georganne Nixon. It's the governor's first trade mission of the year.