Investment in Colombia News
The Minister of Trade, Industry, and Tourism, Santiago Rojas, and the Ambassador of France in Colombia, Jean-Marc Laforet, signed an agreement on the reciprocal promotion and protection of investments (APPRI) in order to promote bilateral trade.
According to reports from the Central Bank of Colombia, the GDP figure of 6.4% registered in the first quarter of the year was much higher than the issuer’s expectations (4.8%). Likewise, the indicators for sales and for Colombians’ confidence performed well between April and June.
According to an article by the Spanish newspaper La Vanguardia, Colombia is the only Latin American economy expected to grow more in 2014 compared to the previous year. The country is well known as a source of oil and minerals with a growing manufacturing sector.
According to the Ministry of Trade, Industry and Tourism of Colombia, the agreement will promote and attract investments from Japan into the country. Japan is a target for Colombia’s commercial aspirations, considering that it is one of the major economies in the world, and the country is a beacon of growth and technological and economic development.