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| Government Type |
republic; executive branch dominates government structure |
| Legal System |
based on Spanish law; a new criminal code modeled after US procedures was enacted in 1992-93; judicial review of executive and legislative acts; accepts compulsory ICJ jurisdiction, with reservations |
| Currency |
Colombian peso (COP) |
| Economic Overview |
Colombia's economy suffers from weak domestic and foreign demand, austere government budgets, and serious internal armed conflict. Other economic problems facing the new president URIBE range from reforming the pension system to reducing high unemployment. Two of Colombia's leading exports, oil and coffee, face an uncertain future; new exploration is needed to offset declining oil production, while coffee harvests and prices are depressed. Colombian business leaders are calling for greater progress in solving the conflict with insurgent groups. On the positive side, several international financial institutions have praised the economic reforms introduced by President URIBE and have pledged enough funding to cover Colombia's debt servicing costs in 2003. |
| Natural Resources |
petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydropower |
| Primary Industries |
textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds |
| Agricultural Products |
coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products; shrimp |
| Import Commodities |
industrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity |
| Export Commodities |
petroleum, coffee, coal, apparel, bananas, cut flowers |
| Export Partners |
US 43%, Andean Community of Nations 22%, EU 14%, (2001 est.) |
| AIRPORTS of Colombia |
| Barranquilla-Aeropuerto Int´l Ernesto Cortissoz |
Barranquilla 15km (9miles), Position 10°53´06"N, 074°47´00"W, Elevation 94m (308ft) |
Detals |
| Cali-Alfonso Bonilla Aragón Airport |
Cali |
Detals |
| Cartagena-Rafael Nunez Airport |
International, Barranquilla 1km (˝mile),11 Aircraft Stands |
Detals |
| Medellin - Jose Maria Cordova Airport |
International, Near Rionegro, Position 06°09´52"N, 075°25´23"W, Elevation 2,142m (7,027ft) |
Detals |
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