Former Colombian President: T&T’s high crime rate can chase away investors

Alvaro Uribe

(Trinidad Guardian) Former Colombian president Alvaro Uribe, who is in T&T attending the 2013 Energy Conference, warned yesterday T&T’s high crime rate could affect investments and the economy. “If criminality continues, if criminality grows and there is no political determination to stop criminality at any moment, it will make a dent on investment. It is impossible to sustain economic growth in the long term,” he said during a press conference at the Hyatt Regency, Port-of-Spain.

Uribe, who served as Colombia’s president from 2002-2010, is best known for his administration’s crackdown on narcotics trafficking, including arresting and extraditing more drug traffickers to the United States and to other countries than any previous government.

Commenting on steps taken in Colombia to combat crime, he said his country was transparent in the way it conducted its businesses and had improved its national security. “I cannot speak about specifics but I can say my country is very competitive and does things in a transparent way. Colombia has 16,000 km of navigable rivers. When I became President of Colombia, we only supervised 3,000 km of rivers. Now the government supervises over 15,000 km of navigable rivers,” he said.

Alvaro Uribe
Alvaro Uribe

He also boasted about the close partnership between Colombia and the US, saying Colombia has received aid from the US which also helped in its fight against the leftist guerillas who have been accused of drug trafficking. “Now many countries in Latin America and the Caribbean have certified that Colombia is doing well. There is a worldwide acknowledgement that Colombia has improved a lot,” Uribe added.

He said T&T’s strong economy was an example for Colombia and other countries. “Many countries have accepted T&T as an example of an investment hub and a country that has improved its social cohesion,” he added.

 

Comments  

Pope ends Latin American trip with warning about political corruption

LIMA,  (Reuters) – Pope Francis celebrated an open air Mass for more than 1 million people yesterday, ending a trip to Chile and Peru marked by tough talk on political corruption but a backlash over what many see as his insufficient resolve to tackle sexual abuse in the Church.

Guatemala businessman, wanted on graft charges, seeks U.S. asylum

GUATEMALA CITY,  (Reuters) – Former Guatemalan presidential candidate Manuel Baldizon, who is wanted on graft charges, has sought asylum in the United States after he was arrested while trying to enter the country, authorities from both nations said.

With 25,339 murders in 2017, Mexico suffers record homicide tally

MEXICO CITY,  (Reuters) – There were more than 25,000 murders across drug-ravaged Mexico in 2017, the highest annual tally since modern records began, government data showed.

“Billionaire bonanza” driving huge global inequality – Oxfamc

LONDON,  (Thomson Reuters Foundation) – Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest one percent, while the poorest half of humanity got nothing, a report published by Oxfam found yesterday.

A proud moment for T&T: President-elect Paula Mae-Weekes

(Trinidad Express) It is official! Retired judge Paula-Mae Weekes is now the President-elect of Trinidad and Tobago.

Your browser is out-of-date!

Update your browser to view this website correctly.

We built stabroeknews.com using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now

×