Sergio Guzmán, political risk analyst at Colombia Risk Analysis: “By both Latin American and global standards, Colombia came late to the BRI party. Although its arrival was received with bells and whistles, it remains unclear that Colombia will get the benefits Gustavo Petro suggests it will obtain from it for several reasons. China is not as generous or naive about Latin America as it was when it started signing on partners in 2014 and financing all sorts of infrastructure projects throughout the region. It is fair to say that China has become more meticulous about risk and more strategic about financing, which suggests it won’t necessarily flood Colombia with attention or money at this time. Moreover, although Petro is direly in need of cash to finance Colombia’s fiscal deficit, the country’s public contracting law is inflexible about having a transparent tender process and having projects be fully financed in agreement with the country’s fiscal rule. That…”