The successful peace talk between Colombia’s government and Marxist FARC guerrillas are an “example to the world,” said French President Francois Hollande while on an official visit in the South American country.
Colombia’s foreign debt reached $116 billion in October, equivalent to 40% of the country’s GDP, according to a report published Wednesday by the country’s state-run central bank.
President Trump’s cancellation Monday of an agreement for a sweeping trade deal with Asia began recasting America’s role in the global economy, leaving an opening for other countries to flex their muscles.
The international body praised the Colombian government's economic policies, as well as the 4th generation road infrastructure investment programs, which help reduce infrastructure gaps and diversify sources of growth.
In the last 5 years, approximately 200 foreign companies began their operations in the country, building new plants, business offices, and subsidiaries.