IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Jul 2012 | Removal date: open ended
Still in force

FDI: 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. 

AFFECTED COUNTRIES

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