Colombia: Law 101 of 1993 - General Agricultural and Fisheries Development Law

Framework law comprehensively regulating the development of Colombia's agricultural and fisheries sector, establishing an integrated set of policy instruments aimed at protecting producer income and improving rural quality of life. It encompasses preferential credit mechanisms, a rural capitalization incentive, price stabilization funds, parafiscal contributions, and agricultural insurance, complemented by commercialization interventions through IDEMA and minimum guarantee prices to producers. The law defines the regime for technical assistance and agricultural health under ICA's authority, and incorporates provisions on rural social investment and a rural family subsidy scheme. It also establishes international trade protection mechanisms through tariffs, safeguards, and compensatory measures to safeguard the competitiveness of domestic agricultural production.