Colombian President Juan Manuel Santos has called for his country and Korea to sign a free trade agreement as soon as possible stressing that a trade pact would greatly boost commercial ties.
In an interview with Yonhap News Agency on Tuesday ahead of his official visit to Korea this week, Santos expressed hope that the two countries could conclude negotiations on an FTA by year's end.
Since the two countries began talks in 2009, they have made progress, but differences remain over certain issues, including how much to open their markets agricultural and electronics products.
Two-way trade between Korea and Colombia nearly doubled in 2010 from 2009 to more than 1.8 billion US dollars while Korean exports to the Latin American country hit close to 1.4-billion that year.
Mr. Santos arrives in Seoul on Wednesday for a three-day visit, which will include summit talks with Korean President Lee Myung-bak.