The two ports inked the MoU during the American Association of Port Authorities (AAPA), Latin American Congress of Ports which was held in Miami. With Colombia's largest port in the Caribbean Sea, Barranquilla Port agreed to enter the MoU.

Accordingly, the MoU will improve business for the ports by promoting the sea trade routes between the two countries.

The MoU includes initiatives, such as marketing activities and market studies, training, and sharing of information on technology, modernization and improvements.​

Recently, port Everglade, in a trade with Colombia, managed 33,207 TEUs from October 2018 through June 2019. Top import commodities included aluminum, wood, fruits, beverages, glassware, ceramic, plastics, and vegetables. Top export commodities included printers, machinery, vehicles, furniture, iron, steel, wood, essential oils, and perfumes.

Broward County Mayor Dale V.C. Holness, who signed the MOU document on behalf of Port Everglades commented

International trade promotion is a priority of our port and county for generating economic prosperity. Our port’s trade with Colombia alone in 2018 reached USD 1.19 billion.

Recently, port Everglades along with US EPA launched new methods on reducing air pollution.