Colombian entrepreneurs are turning their attention to central America as opportunities in Venezuela dry up. Ten years ago, Venezuela was Colombia’s second-biggest trading partner after the US. However, tensions between the former Colombian president, Alvaro Uribe, and the Venezuelan president, Hugo Chávez, led many Colombian groups to pull back from Venezuela. They turned their sights towards central America, particularly Panama, Guatemala, Costa Rica and the Dominican Republic. The Colombians have invested heavily in financial services and energy in the region.
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