Colombia used a system of liberalization with the outcome of privatization and reduced restrictions on foreign investments. This led to a decrease in the import tariffs and it got rid of almost all import licensing requirements on media. “The government also signed the Andean Free trade Agreement (ANCOM) with Venezuela, Peru, Ecuador, and Bolivia; the Latin American Integration Association (LAIA) with Argentina, Bolivia, El Salvador, Costa Rica, Guatamala, Nicaragua, and Honduras; a Bilateral Free Trade Agreement with Chile; and an agreement with Mexico and Venezuela called the Group of Three (G-3)” (Encyclopedia.com). Free trade zones are also a thing in Colombia. This benefits the importers, exporters, and manufacturers. Domesticaly Colombia operated with four primary marketing areas. Colombian media firms are doing their best to distribute all of their most important national markets products in to these four main regions that leads the marketing in Colombia, to reach out to the most of the nation, and the primary advertising medias including newspapers, magazines, radio, and television have boosted the domestic market positively. The two most important media network links, telephone and telegraph connect the areas. The systems are independent but owned by the local government but there are still privately owned systems. Sensitive issue concerns the
Colombia used a system of liberalization with the outcome of privatization and reduced restrictions on foreign investments. This led to a decrease in the import tariffs and it got rid of almost all import licensing requirements on media. “The government also signed the Andean Free trade Agreement (ANCOM) with Venezuela, Peru, Ecuador, and Bolivia; the Latin American Integration Association (LAIA) with Argentina, Bolivia, El Salvador, Costa Rica, Guatamala, Nicaragua, and Honduras; a Bilateral Free Trade Agreement with Chile; and an agreement with Mexico and Venezuela called the Group of Three (G-3)” (Encyclopedia.com). Free trade zones are also a thing in Colombia. This benefits the importers, exporters, and manufacturers. Domesticaly Colombia operated with four primary marketing areas. Colombian media firms are doing their best to distribute all of their most important national markets products in to these four main regions that leads the marketing in Colombia, to reach out to the most of the nation, and the primary advertising medias including newspapers, magazines, radio, and television have boosted the domestic market positively. The two most important media network links, telephone and telegraph connect the areas. The systems are independent but owned by the local government but there are still privately owned systems. Sensitive issue concerns the