While Venezuela and Ecuador have alienated many energy investors by rewriting oil contracts â¿¿ increasing royalties and taxes so much that many multinationals pulled out â¿¿ Colombia's outgoing president, Alvaro Uribe, offered strong incentives."Colombia is one of the few countries in Latin America essentially that offers ironclad contractual guarantees over periods of 20 years," Esteruelas said.
Mining And Oil Boom Propel Investment In Colombia
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