Colombia: An Investment Focal Point

Colombia seems to be in the HOTSPOT, as it’s said on the website of the Government of Colombia, the international press is highlighting Colombia as an investment focal point.

Forbes Magazine indicates that “the investment environment in Colombia is much more attractive than other nations of South America because of the opportunities generated with the signed trade agreements and the buoyancy of the economy.” Whereas, Bloomberg Market Magazine in the Top 20 Emerging Markets segments tells that Colombia was ranked 11th in the world and the third in Latin America, ahead of Brazil and Mexico in terms of growth.

Colombia with its 45 million consumers, has the third-largest economy in Latin America, and in 2010, U.S. producers exported more than $11 billion in goods to Colombia, making it the U.S.’s third-largest market in Latin America after Mexico and Brazil.

The Trade Agreement with the US eliminated duties on 80% of U.S. exports of consumer and industrial products to Colombia.

In addition to the above, The Economist considered it one of the six countries that will contribute the most to global growth in the next decade.