OECD Investment Policy Reviews: Colombia 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.
Published on April 11, 2012
In series:OECD Investment Policy Reviewsview more titles