Abstract
This article interprets the challenges of Colombia´s foreign policy, both on a regional and global level, with regard to Brazil’s ambitions as a regional power and global player. First, a theoretical analysis of the current regional scenarioand the horizon of the Colombian–Brazilian relations is done, mainly from various neoclassicalrealist positions and also from institutional neoliberal viewpoints. Second, sources and impact of the proclaimed decay of the North American hegemony and the gradual rise of a Brasilian hegemony in South America are examined.Third, Colombia’s capacity as a secondary power is analized, followed by an analysis of the geographic and thematic diversification of its foreign policy since August 2010, as well as its strategy of competition and cooperation with Brazil in the region. Finally, those bilateral and multilateral perspectives of profundization of the exchanges and committments between Brazil and Colombia are identified and interpreted,which would have a high potential to be institutionalized as a strategic multithematic alliance with an important impact to promote and strengthen the regionalization process in South America.This journal is registered under a Creative Commons Attribution 4.0 International Public License. Thus, this work may be reproduced, distributed, and publicly shared in digital format, as long as the names of the authors and Pontificia Universidad Javeriana are acknowledged. Others are allowed to quote, adapt, transform, auto-archive, republish, and create based on this material, for any purpose (even commercial ones), provided the authorship is duly acknowledged, a link to the original work is provided, and it is specified if changes have been made. Pontificia Universidad Javeriana does not hold the rights of published works and the authors are solely responsible for the contents of their works; they keep the moral, intellectual, privacy, and publicity rights.
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