INTRODUCTION. Within the Latin American context Colombia is in a relatively advanced stage in terms of decentralization. According to the IDB (1997), it ranks third in the region after Argentina and Brazil, two countries organized as Federal States. While in 1995 average public expenditure...

This chapter discusses Colombia and Venezuela's main trade policy reforms and institutional adjustments resulting from the Uruguay Round Agreements. Its analysis resorts to the Andean Community trade policy framework and selects issues and sectors of particular importance for both countries,...