Law 101 of 1993 — General Law on Agricultural, Livestock and Fisheries Development

Law 101 of 1993, published on December 23, 1993, implements Articles 64, 65 and 66 of Colombia's Political Constitution and establishes the general framework for the protection and development of agricultural, livestock and fisheries activities in Colombia. The law seeks to improve rural producers' incomes and living conditions, promote food production, adapt the agricultural and fisheries sector to the internationalization of the economy, and strengthen production efficiency and competitiveness. To achieve these objectives, it establishes policy instruments related to agricultural credit and financing, guarantees, rural capitalization incentives, producer support, research and technology transfer, technical assistance, marketing, and price stabilization mechanisms. It also regulates agricultural and fisheries parafiscal contributions and funds and provides institutional mechanisms to support producer organization and the functioning of agricultural markets. Law 101 of 1993 constitutes a structural legal framework for Colombia's agricultural, fisheries and rural development policy and does not establish a general expiration date, without prejudice to amendments subsequently introduced by other legislation.