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April 28
President Uribe explains counter cyclical policy to Spanish investors.

The Head of State talked about the strategy that the Government is implementing in order to preserve the country’s employment despite of the world’s economic crisis. He also emphasized in the incentives that the country is offering for productive investment.

Madrid, Spain, April 28 (SP) The counter cyclical policy and investment trust were main subjects of the conference done by President Álvaro Uribe Vélez this Tuesday in Madrid.

During a conference planned by the New Economy Forum, the Wall Street Journal and the BBVA Group, the President explained, to over 600 Spanish investors, the strategy that Colombia is using to face the world’s economic crisis.

The Colombian leader highlighted the reach of the plan, which was made to preserve employment in the middle of a difficult situation for the international economy.

At his arrival to the Ritz Hotel, the President talked with the press before the beginning of his conference, and talked about the trust that markets and multilateral organizations have in Colombia.

He reiterated the need of preserving and increasing investment trust and explained the incentives that Colombia is offering to the businessmen that puts its productive capital in the country.

In that way, President Uribe said that due to the recently incorporated incentives, Colombia “has not have to improvise to promote investment, which is the best way to generate high standard employment”.
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