International Economics (IEC), as a part of a consortium implementing the PSF Framework Service Contract, will contribute to improve trade and investment relations between the EU and Colombia, by improving knowledge of market access barriers and providing EU SMEs with updated information on accessing and investing in the Colombian market. The project aims to contribute to ensuring the continued growth of bilateral trade and investment and it will specifically help EU companies explore opportunities to access the Colombian market by helping address market barriers and providing relevant information on market access to EU companies, in particular SMEs. For Colombia, the action will contribute to its better integration in global value chains and an improved business environment leading to foreign investments which are essential to its long-term sustainable development needs.