Significance
The plan aims to increase US private investment in Colombia and promote development in rural areas that have seen a resurgence of violence. The US International Development Finance Corporation (DFC), a recently revamped lender, is meant to play a key role in the strategy.
Impacts
Colombia Crece reflects Washington’s determination to counter Chinese influence in Latin America more aggressively.
Concerns about Chinese influence are not simply a Trump-era phenomenon, but rather reflect a growing bipartisan consensus.
Strategies such as aggressive coca eradication risk damaging government-community relations in areas targeted by the initiative.