Colombia’s protectionism gets the market into trouble as tanning raw material drops by 35% in price

Over the last 15 months, the price of Colombia’s tanning raw material has been decreasing by 35%. Based on such negative trend, the government should supposedly reconsider restrictions to exports of raw hides and wet blue, formerly imposed to support Colombian tanners and manufacturers. Such is the petition Carlos Gomez, director of Acesgan (the association of entrepreneurs actively working in the livestock industry by-products), submitted to President Ivàn Duque Màrquez. They approved the protectionism policy in 2016, as reported by the International Leather Maker. For the records, in 2018 Acesgan was already complaining about its heavily affecting effects on the market.

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