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Former President of Colombia Alvaro Uribe on what he did to help boost the growth of the country’s economy.
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Is live at the concordia summit in New York with a man who many credit as the one responsible for this turnaround former president outgrow would be -- -- it's.
We are honored to have former Colombian president Alvaro or eBay with us right now to talk about the very efforts you put into place when you -- president from 2002 to twenty -- That have made Colombia well it just third -- Mexico and Brazil but second what you're talking lower South America as the most.
Vibrant economy down there president what was it that you did if you could pick what are two things.
That has made Colombia as strong as it is today.
The Achilles.
Where grids are what I called up -- little confidence can read what we need to create confidence within dot.
Don't -- the economic community of investors on -- compared sort of -- -- based us.
I'm beast and I -- both classmates all security peaked in basement promotional and social cohesion about -- -- Security on the investment not adopt.
I'm dummies and so -- he's not -- -- a body.
Very important -- you know here's some numbers if you really well I think what -- what president horrific first got into office about two billion -- foreign investment today.
That has grown exponentially to seventeen billion.
What is it about Colombia that makes it attractive to foreign adjustments.
Besides senator what I call it that's when security -- Dot fight against he'd not been big gains on the sites we create a bully because security and he got to secure.
We cannot football all Halloween double over me to sign boxed -- state board rules.
Masking when he DX fourteen -- looks to be content and got -- On the same time it was prudent in Dublin -- -- and people are up a dull moment I wake up in the morning.
They're up to paint what these Douglas corporation double what he's going to extricate.
-- -- -- -- -- -- -- Okay that would be a hit on Venezuela -- correct I mean you're smack down Venezuela Hugo Chavez who has nationalized.
Up many companies including some America.
Companies basically snatched them back.
That is not something that happens in Colombia.
In fact the opposite happens and you've been so successful that your currency the peso has strengthened.
Pretty dramatically.
That way it's a double edged sword as we like to say in.
English here you know it's good but it's -- what you think eventually happens do you think the current government house to at some point -- that pesos so that.
You know your exports become more attractive.
Down.
Your solution is to respect -- dependence of -- into -- but that's saying I'm investing time in Colombia we -- law.
There's salt borrow more problems yet we are waiting but we -- while -- forty things started to concede that about these same.
Sixteen to about relational a -- domestic currency being.
Taped.
It's politics.
And creates problems Florida put dobbs -- Florida government.
Tools find ways to compensate.
Export -- on to -- bought blocks.
My co anchor David Asman was beat Wall Street Journal south American bureau chief for many years he would love to ask your question -- go ahead.
Thank you very much was president already -- you have for those who don't know.
You were a very tough president I was I was in Colombia when Pablo Escobar was running around -- A -- -- When the Marxist guerrillas controlled -- at least a third of the country.
Our people were throwing up their hands and saying it's impossible.
To correct this situation UK men were very tough.
Cleaned up the deal with the drug dealers are really took on the Marxist guerrillas and the businesses came back took relative Columbia a lot of people said it couldn't be done.
You did it right now Mexico always having trouble attracting business because they have.
Virtually the same problem you did with the Mexican drug dealers they don't have a Marxist guerrilla war but they have a lot of trouble with the with a drug dealers and a lot of businesses are afraid.
Of going to Mexico because of that can you know can they use your methods for cleaning up their problems.
-- yes you're gonna alerted and that's why where are -- -- -- and but right now they are it -- nice that they are looking for us.
Money from narcotics.
That are -- -- Patients aren't quite -- between Mexico and Colombia it didn't -- Saudi too -- all that would be to god determination.
We want we affect what I call -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Where democratic parties.
In an in depth policy -- these Monte.
Don narco terrorist organizations.
We interview was -- -- -- -- parks authority.
-- -- -- -- -- We -- impunity unit OC did but we dug into anything unfettered.
Social cohesion and -- -- -- -- embarrassment.
Tool.
-- -- -- -- -- -- -- -- -- -- Let me just finish by bringing it back to our relationship with United States we are your number one exporter relation between Colombia and the US.
Do you feel that the current administration is doing enough to encourage Colombian trade.
Is there something more that can be done what's your wish list for your country related to the United States.
-- -- -- -- Based on these days owner has hello congress to got to fund -- 33 agreement with Colombia.
Suffering through agreement that we negotiate it -- close -- -- -- big American states doing dot -- USA and speech.
David -- one more question didn't go ahead.
If it's related to the problems of Mexico as you know corruption is endemic.
In Mexico there's so much corruption that has gone on for so many decades in Mexico.
Again a lot of businesses are reluctant to get in because of that.
If you're going to clean up the drug problem in Mexico as you did in Colombia you have to deal with corruption.
Particularly among the police were supposed to go after the drug dealers not worked with the drug dealers.
How do you deal with a corruption problem at a place like Mexico.
No I'm not I cannot to speak about Maxi quite above that inspect focusing -- not because you got that on.
-- -- -- -- -- -- -- She on caller ID -- It has delayed the stroller longer playbook -- -- these problem and we -- up the detonation for I April -- -- incumbent on both cost.
Nautical trafficking.
Knows -- to -- -- today.
Every aspect of the community ebony liberal bloc of don't Goldman on -- decade and -- today is because they want to dubious Karachi.
Not deducted -- these shocks loss of Karachi.
Well hopefully they'll take some lessons from what you were able to do in Colombia president -- -- they thank you very much for joining us.
And I should mention David a brand new board member of our parent company News Corp.
so we thank you for stopping by and he sat under --
