century has brought new challenges to the coffee industry, such as the volatility of international prices, the erosion of international agreements and the increased production by Brazil and Vietnam. In order to keep the edge, Colombia must increase its efficiency and productivity, by investing in new technologies, infrastructure, training and replanting. Here is where the Federation and the FNC play a decisive role. The program for restructuring and modernizing the coffee industry in Colombia has estimated an investment of two billion dollars. These monetary funds need to be generated from domestic and international sources. The Colombian coffee institutions and the policy making entities are facing the new realities of globalization and monetary volatility and economic uncertainties. Technological advances are being made in electronic commerce, production engineering and quality control, in an effort to reduce production costs and increase productivity. The historical evidence demonstrates that the institutions, organizations and policy making instruments of the coffee industry in Colombia are very dynamic and shall continue to adapt to changing circumstances and perform with leadership, innovation and positive results. See also Anacafé National Coffee Association Specialty Coffee Association of America Footnotes References 1998 Lockwood Trade Journal Co., Inc. External links Juan Valdez site Juan Valdez site Agricultural organisations based in Colombia Coffee organizations Food industry trade groups Organizations established in 1927 1927 establishments in Colombia Coffee in Colombia