Legal threats, not war, top commodity producers' concerns in Colombia



Gold mining companies have invested hundreds of millions of dollars but not extracted a gram. Palm farmers are told their land belongs to someone else. Some communities are voting to ban mining in areas already awarded for exploration.
Whether or not President Juan Manuel Santos can salvage a peace deal with Marxist rebels that was rejected by voters on Oct. 2, legal roadblocks and high taxes are a major deterrent for companies looking to invest in Colombia.
Santos says ending Latin America's longest-running conflict would open up vast areas of land to development, reduce corporate security... read more

 
11 October 2016 in Business, Views: 42
Source: Reuters
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