IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoFDI: Treatment and operations, nes
On 12 July 2012, Colombia's National Congress adopted Law No. 1563 implementing a new legal regime for national and international arbitration favorable to foreign investors. Indeed, the new law unifies the previously dispersed arbitration laws into just one piece of regulation and tackles the problems of the former regime which international investors found complex and dilatory.
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