Colombia’s economic boom could be marred by infighting

Colombia's President Juan Manuel Santos
Colombia's President Juan Manuel Santos

Colombia is attracting foreign companies to plough billions of dollars into its oil and mining sectors. Colombia's boom in foreign investment and its joining international free trade agreements with Europe and South Korea follows ten years of increased security against left-wing rebels, drug cartels, and right-wing paramilitaries who made the country one of the most dangerous in the world. But these economic improvements could be jeopardised by in-fighting between two former political allies, the president and his predecessor.

BUSINESS is booming in Colombia. Foreign direct investment into the country soared by 26 per cent in the first half of 2012 as companies invested US$9.3 billi...

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