Modernisation of the Colombian Foreign Investment Regime
The Colombian economy continues to attract foreign investment. For the purpose of facilitating and promoting this trend, the Colombian Ministry of Commerce, Industry and Tourism has proposed measures to bring the existing Colombian foreign investment regime up to date. The goal is to develop rules that are consistent with international standards and with Colombia’s international commitments. Draft regulations designed to replace the current regime, Decree 2080 of 2000, have been made available to the public and its text is currently subject to discussion among the government, business associations in Colombia and interested sectors of the economy.