Bogota Foreign Investment Guide
19. Conflict Resolution Mechanisms
What is inside?
Preliminary stage
- Migratory Regime
- International Investment Agreements & Trade Treaties
- Foreign Investment Incentives
- Foreign Investment & Currency Exchange Regime
- Business Creation
- Tax Regime
- Intellectual Property
Investment stage
- Financial Regime
- Labor System
- Real Estate Acquisition and Leasing
- Customs Regime and Free Trade Treaties
On operation
- Public Procurement Regime
- Mergers and Acquisitions (M&A) Processes
- Competition Regime
- Environmental Regime
- Green Investments
- Investment in Dynamic Ventures
- Cross-Border e-Commerce
- Conflict Resolution Mechanisms
Business close stage
Conflict Resolution Mechanisms (CRM) offer a modern and efficient alternative to traditional court proceedings in Colombia. Unlike traditional judicial processes, CRM are distinguished by their speed, flexibility, and focus on fair solutions that promote the continuation of relationships between parties. The core of CRM consists of the following mechanisms:
- Mediation.
- Conciliation.
- Amicable Composition.
- Domestic and International Arbitration.
Through the implementation of CRM, Colombia takes an important step toward a modern justice system that meets the needs of a globalized economy. These methods, in addition to easing the burden on the judicial system, promote a culture of dialogue, understanding, and commitment in conflict resolution, contributing to legal certainty and strengthening the country’s investment climate. The success of the CAC-CCB in administering these methods demonstrates the potential to build an alternative, effective, and adaptable justice system suited to the complexities of the modern environment.
If you would like to learn more about the different mechanisms and how to access them, we invite you to download the complete chapter on Alternative Dispute Resolution Methods.
