Country Report on Colombia

Country Report: The Republic of Colombia


Columbia: A Brief Overview
Colombia, or officially The Republic of Colombia, is the fourth largest country in South America and the third most populous country in the region. In comparison to the United States, Colombia is about the combined size of Arkansas, New Mexico and Texas. Colombia has an estimated population of 42 million people, of which 74% are located in urban areas. Currently, Colombia is immersed in violence by conflicting radical left-wing guerilla groups, right-wing paramilitaries, and the military; each destined to overtake the government. Bloodshed and kidnapping are rampant as extremist groups violently try to intimidate government and business officials. Foreign firms planning to locate to Colombia need to be aware of the turmoil and seriously consider the ramifications of making a significant investment in the country. This paper will illustrate the various, political, cultural, economic and legal hurdles foreig...