doing business in colombia

A stock image of a ring with an emerald to accompany article on 2021 exports of Colombian emeralds

Exports of Colombian Emeralds Triple, Exceed Projections

Exports of Colombian emeralds hit $129 million in 2021 – a figure exceeding best projections made by industry insiders and more than triple the value of exports seen the previous year. The 2021 figure is the highest seen since 2018, when exports totalled $142 million, and the fifth-highest annual figure seen over the past ten years. …

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The Andean Community of Nations (CAN) flags

The Andean Community of Nations’ Deepening Integration

The Andean Community of Nations (CAN) is a regional association that includes Bolivia, Colombia, Ecuador, and Peru, and in 2021 it has implemented a number of measures to deepen integration between members.  Such moves are not only beneficial to local populations, but also to businesses operating in any of the member countries, with integration easing …

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Bogota, where the government recently passed the new Colombia tax reform

Colombia Tax Reform: What It Means For Biz and Investors

On September 8, lawmakers in Colombia passed a new tax reform intended to raise $4 billion annually in an effort to help overcome economic turmoil caused by the global pandemic.  The Colombia tax reform represented a revision of an earlier reform that sought to raise $6.5 billion, and which caused widespread public protests until finally …

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A photo of skyscrapers representing Latin America business

Latin America Business: 2021 Growth Predictions Jump

In a highly positive sign for Latin America business and investment, the UN’s Economic Commission for Latin America and the Caribbean (ECLAC) has significantly raised its predictions for growth in the region during 2021, offering a strong indication of economic reactivation in the wake of the global pandemic. According to a newly released report from …

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