Colombia and Australia's diplomatic relationship

Overview

Australia and Colombia like extending their relationships through investment, trading and cooperation on the area of international issues for example agriculture, climate change, environment and transitional crime. These two countries build diplomatic relationship in 1976, this happens when the Australia first Ambassador AH Loomes presented credentials to Colombia. The Australian Embassy in Santiago, Chile is accredited together with Colombia. Also, Australia has a General embassy handled by Austrade. Colombia likewise has an Embassy in Canberra.

The Republic of Colombia is located in north-west. South America is somewhat smaller than South Australia and Victoria merged. Colombia is a range of climatic conditions, depending on the land altitude and rampant winds. Desert in the far north, tropical rainforest in the south, savannah in the east, and Colombia has also strings of islands in the west. Colombia is from a name which is Christopher Columbus, and the capital of it is Bogota.

Commerce and Investment

Colombia is innovating a framework to boost more foreign trade, to sustain the economic growth. In this situation, Australian firms and professionals are increasing their focus on aiding the policy development framework across a number of sectors. A numbers of areas, specifically in the agriculture, energy and mining sectors provide opportunities for Australian investment in Colombia. Overseas investments in Colombia has grown, the following improvements are in the security and business environment.

Mining

Colombia is the largest coal reservoir in Latin America and now the Colombian Government Is hopeful for the development of coal-related infrastructure. Investment in the mining sector is slowly growing and targeting to increase effectiveness and production but reducing the cost in safety, environmental management and community engagement in consulting. This makes the relationship between Australia and Colombia mining sector, most of the active companies are currently operating Colombia. Colombia sent a Mining Best Practice Mission to Australia and declared to join the Extractive Industry Transparency Initiative. This is an opportunities for Australian to extend the range of Infrastructure development, coal washing and mine system operation

Agribusiness

Columbians gives importance in Australian agribusiness expertise. The agribusiness sector gives potential for technical cooperation, exceptionally in the sugar cane, livestock, tropical fruits and dairy industry. The demand for cow gives great potential for Australian breeders of cattle, granting the importation of cow in Australian.

More commercial opportunities

There are other prospect, these are the, port and rail infrastructure and information technology. Colombia display interest on the defense-related technology by having a wide contact of Australian companies. Atlantic Coast in Colombia is experiencing growth in the tourist industry that it may benefit for Australian manufacturers of vessels, ferries and crafts. But also there is a growing interest for Australian sports, wines and several brands that are now out in the Columbian supermarket and restaurants.

http://dfat.gov.au/geo/colombia/pages/colombia-country-brief.aspx