Evolution of Foreign Trade

• On June 17, the second No VAT Day was held in Colombia. Sales during the day exceeded COP 10.61 billion, which represents an increase of 16.6% compared to the first such day in March. This is measure is designed to promote economic recovery in our country´s business sector. For more information, please visit the following link.

Good News from Bogotá

• During the first quarter of 2022, Bogotá's economic output grew by 11.5%, an increase compared to 2019, which places the capital´s economy above the levels registered before the economic crisis generated by the COVID-19 pandemic. For more information, please visit the following link.

• “Go Fest”, the most important Entrepreneurship Festival in the Colombian capital was held between June 15 and 17, organized by the Bogotá Chamber of Commerce. This fifth edition, the first held in person since the start of the pandemic, brought together more than 12,000 attendees to more than 20 national and international conferences, where they were also able to learn about new ventures at the XVIII Young Entrepreneurs Fair, among many more activities. In addition, this edition featured Israel as the guest of honor country. For more information, please visit the following link.

• Bogotá was recognized as the Nearshore City of the Year in Latin America and the Caribbean by the most recent edition of the Nexus Illuminate Awards. This award recognizes the large flow of investments to the city, the significant available government incentives, salary competitiveness and the wide range of qualified talent in

Bogotá. For more information, please visit the following link.

• The capital's Inclusive Employment Roundtable was held between June 29 and 30, organized by the Bogotá

Chamber of Commerce. More than 80 local companies participated in this event, which aims at reducing employment gaps for women, young people, people with disabilities and sexually diverse people, offering more than 10,000 job vacancies. For more information, please visit the following link.

• The Bogotá Mayor's Office and IBM signed an understanding agreement to train more than 10,000 people in professional skills and emerging technologies such as cloud computing, artificial intelligence, cybersecurity, data science and the Internet of Things, among others. For more information, please visit the following link.