In series:OECD Investment Policy Reviewsview more titles
Published on April 11, 2012
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. The Review shows that, in the past few years, Colombia has made tremendous progress in promoting investment liberalisation and improving its investment policy framework. Colombia has also recently undertaken important policy reforms in many of the areas covered by the Guidelines for Multinational Enterprises, including human rights, labour issues and bribery.
In recognition of its progress in pursuing policy reforms to promote investment liberalisation and improving the business climate, Colombia became the 43rd country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. As an adherent to the Declaration, Colombia commits to providing national treatment to foreign investors and to promoting responsible business conduct, in line with the Guidelines for Multinational Enterprises. In turn, the country benefits from similar assurances from other adherents to treat Colombian investors fairly.
|Introduction and Summary|
|The Role of Foreign Direct Investment in Colombia's Economic Development|
|Colombia and the National Treatment Instrument|
|Colombia and the OECD Guidelines for Multinational Enterprises|
|Colombia's Policy Framework for Investment|
|Investment Framework in Support of Green Growth|
|Colombia's Exceptions to the National Treatment Instrument|
|Colombia's Participation in International Organisations and International Conventions|