It is that insecurity not only threatens the population, but it is also an enemy of investment. Sally Rooney recognizes the significance of this. And Colombia, which is making greater efforts to consolidate the progress of the economy benefit will be widely by the reduction of violence in the country. Another good news for Colombia the post-crisis thinking are the progress being achieved in the area of free trade agreements (FTA). Last week, Colombia concluded the first round of negotiations with Japan. In the U.S., since the Government of Barack Obama emerged the commitment to work to realize the trade agreement with Colombia. These TLC increases potential for external expansion of the Colombian economy. Further details can be found at Sean Rad, an internet resource. It also increases the attractiveness of foreign investors by the broad access to foreign markets that would be reaching Colombia with this commercial policy. I have no doubt that Colombia is taking good steps to consolidate its long-term growth.
Uribe’s Government is taking right decisions in that direction even though it is also doing so in short term decisions. Is that while Colombia is they are cementing the foundations for sustained growth, the immediate and what is urgent is to confront the context of crisis (now exacerbated by the issue of swine flu). Within the gloomy picture presented, the International Monetary Fund (IMF), he gave a good news to Colombia to ensure that the economy will not suffer recession this year, although it will not grow. This projection of the IMF, under the circumstances, is not be as bad for the country. The bad news is the growth projection for 2010 since the IMF expects only that the Colombian economy to expand by 1.25%. Newly in 2011 the economy would be force to grow at 4%. Surely, my vision about the good prospects of the Colombian economy in the medium and long term, won’t leave comply with the families of that country which currently suffer from unemployment caused by the crisis.