Colombia
The original report was published in the Miani Herald on Friday, April 27, 2012
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Colombia-U.S. Free Trade Agreement will boost business and strengthen relations
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 President Juan Manuel Santos Colombian President Juan Manuel Santos discusses the country's booming economy, and his government's plans for diversification and wealth distribution
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Colombia is proving to be dedicated to enriching global relations
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 Álvaro Gómez (left) with his father John Gómez, who received an Entrepreneurial Lifetime award in 2009 Grupo Familia is ready to take on the American market
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One of the country's top banks moves into Panama and U.S.
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Leader in Colombian foods industry is ready to expand
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Colombia's third-biggest business group delivers on its commitment to enrich people's lives
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Colombia's prudent economic policies have helped it return to investment-grade status and enjoy a forecast of continued stability
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 Carlos Raúl Yepes, President of Grupo Bancolombia Bancolombia is prioritizing social and environmental initiatives
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FTA to move logistics sector up a gear
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Creative industries are taking a main role in the reduction of Colombia’s unemployment rate
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Colombian-based glass business group ranks among Florida's leading glass companies
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Top Colombian broadcaster Caracol TV collaborates with Sony Pictures Television as part of its internationalization
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Money is being poured into the modernization of airports in order to provide airlines with better infrastructure to service passengers in a more efficient way
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At 240 metres, the spectacular BD Bacata will be the tallest building in Latin America. Already under construction, and due for completion in 2014, the skyscraper will have 66 floors, incorporating offices, apartments, a shopping centre and a hotel. BD Bacata will forever change the face of downtown Bogota.
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Given the nod of approval from the world's most important credit rating agencies, Colombia's successful economic climate has made one particular institution a prime target for foreign investors: Proexport Colombia . As the official body responsible for promoting international tourism, foreign direct investment (FDI) and exports, Proexport is best positioned to answer the question: Why Colombia?
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 Mass demonstrations reflect the people’s desire for peace and progress Prosperous future ahead as nation says no to violence
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Huge investments are being made in Colombia's housing and infrastructure – two sectors identified by the President as key to the country's development
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 David Bojanini, President of Sura A lively stock exchange, and private pension funds based on the Chilean model, showcase both the ambition and solidity of Colombia's economy
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Colombia’s fast growing middle-class, sound politics, and low penetration of the banking industry makes it a preferred destination for international banks that are looking to expand their operations in Latin America
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Working with local communities, Pacific Rubiales takes its eco-responsibilities seriously
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Medellín, the capital city of Antioquia, has over the years seen the rise of some of the best businessmen Colombia has ever seen
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 Dr. Gilberto Quinche Toro, President of Positiva Compañía de Seguros FTA era creates new expectations for Positiva insurance group
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A unique institution with a global vision
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 Dr. José María Maya Mejía, Rector of Universidad CES New research programs at CES are a priority
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Colombia's booming potential and vibrant workforce make it an ideal platform for outsourcing, and it has introduced policies to enable service exporters of the tourism, information technology (IT), and medical sectors to benefit from duty drawback on imported products.
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A world of tranquil beaches, historic cities and unspoilt landscapes awaits
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A spectacular new cosmopolitan complex, BD Bacatá, includes Latin America's tallest skyscraper and will transform downtown Bogotá
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Davivienda, Colombia´s third largest bank, is not allowing the global financial crisis to stand in its way
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LOCATION:
Northern South America, bordering the Caribbean Sea, between Panama and Venezuela, and bordering the North Pacific Ocean, between Ecuador and Panama
CAPITAL:
Bogota
AREA - comparative:
slightly less than twice the size of Texas
CLIMATE:
tropical along coast and eastern plains; cooler in highlands
GDP - composition by sector:
agriculture: 9.3%
industry: 38%
services: 52.7% (2010 est.)
AGRICULTURE - products:
coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products; shrimp
INDUSTRIES:
textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds
EXPORTS:
$40.24 billion (2010 est.)
EXPORTS - commodities:
petroleum, coffee, coal, nickel, emeralds, apparel, bananas, cut flowers
EXPORTS - partners:
US 42%, EU 12.6%, China 5.2%, Ecuador 4.5% (2010 est.)
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