Investing Colombia Market
Colombia Project Management, Investment, Advice, Cooperation, Expat
Movil:( 57) - 3158781859 - Cartagena - Colombia
 
 
 
Investing in Colombia: investment opportunities, projects, investment advice, investment partnership, colombia investment guide, insider investment tips, investment management, european expat management, leadership, contacts.
Wilfried Ellmer
 
Colombia Market: Colombia's economy grew steadily in the latter part of the twentieth century, with gross domestic product (GDP) increasing at an average rate of over 4% per year between 1970 and 1998. In recent years growth has been impressive, reaching 8.2% in 2007, one of the highest rates of growth in Latin America. Meanwhile the Colombian stock exchange climbed from 1,000 points at its creation in July 2001 to over 7,300 points by November 2008.
 
 

Colombia government: The President of Colombia serves as both head of state and head of government, followed by the Vice President and the Council of Ministers. The president is elected by popular vote to serve four-year terms and is currently limited to a maximum of two such terms (increased from one in 2005). At the provincial level executive power is vested in department governors, municipal mayors and local administrators for smaller administrative subdivisions, such as corregidores for corregimientos.

The legislative branch of government is represented nationally by the Congress, a bicameral institution comprising a 166-seat Chamber of Representatives (including four seats reserved for the representatives of minority communities and expatriates) and a 102-seat Senate (including two seats reserved for the representatives of indigenous communities). Members of both houses are elected two months before the president, also by popular vote and to serve four-year terms. At the provincial level the legislative branch is represented by department assemblies and municipal councils. All regional elections are held one year and five months after the presidential election.

The judicial branch is headed by the Supreme Court, consisting of 23 judges divided into three chambers (Penal, Civil and Agrarian, and Labour). The judicial branch also includes the Council of State, which has special responsibility for administrative law and also provides legal advice to the executive, the Constitutional Court, responsible for assuring the integrity of the Colombian constitution, and the Superior Council of Judicature, responsible for auditing the judicial branch. Colombia operates a system of civil law, which since 2005 has been applied through an adversarial system..

 
 
 
Pagina Web: latinindustry.biz/doing_business_colombia - Email: info@tolimared.com Movil:( 57) - 3158781859 Cartagena de Indias Colombia.