COUNTRY PROFILE: The Transformation of Colombia
September 21st, 2009By Juan Fernando Diaz, NSAM Contributor
The US-Colombian free trade pact was the subject of a meeting in June between Colombia President Uribe and US President Obama
Over the last few decades negative publicity about disruptive rebels, drug cartels and high crime rates has slowed investment in Colombia. However, in recent years during Alvaro Uribe’s presidential term, security and crime rates have improved significantly and Colombia is fast becoming a major success story in the sphere of Latin American outsourcing.
Today, countries such as Brazil and Mexico are considered more dangerous and more risky. This has allowed Colombia to get back in business and regain forward momentum. Colombia’s prospects are rising rapidly – and Uribe himself has an important role to play in proving to the world his commitment to meaningful transparency and the rule of law. This is particularly important given the recent wiretapping scandal that threatened to undermine Uribe’s credibility.
