11.03.2021 Views

2019 Proceedings Report

Transform your PDFs into Flipbooks and boost your revenue!

Leverage SEO-optimized Flipbooks, powerful backlinks, and multimedia content to professionally showcase your products and significantly increase your reach.

Summary of Discussion Sessions

Law Enforcement Diplomacy & Defence Industry

Colombia’s Security Improvements

Colombia’s security improvement over the last number of years was another

dominating topic during the discussion. From the tangible dividends of the

peace agreement, best illustrated by the reduction in kidnapping and

homicide rates, to the administration of justice, Colombia was presented as a

remarkable case study of resilience and international defence and law

enforcement cooperation practices.

The administration of justice was, in particular, identified as an area where

diligence and judicial predictability has improved significantly. This has

therefore resulted in a much more attractive foreign investment environment.

After all, as manifested by some participants, investors are looking for legal

predictability. In order to illustrate this point, it was noted that Colombia is the

major arbitrage epicentre in the LATAM region.

The Australia-Colombia Dialogue | September 2019 38

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!