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Viceroyalty of New Granada (Colony Crisis Averted)

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The Viceroyalty of New Granada (Spanish: Virreinato de la Nueva Granada) is the the jurisdiction of the Franco-Spanish Empire in northern South America. The territory corresponding to Panama was incorporated later in 1739, and the provinces of Venezuela were separated from the Viceroyalty and assigned to the Captaincy General of Venezuela in 1777. New Granada territory also encompasses Amazon rainforest, tropical grassland and both Caribbean and Pacific coastlines. Ecologically, it is one of the world's 17 megadiverse countries, and the most densely biodiverse of these per square kilometer. Colombia is a middle power and a regional actor with the fourth-largest economy in Latin America, is part of the CIVETS group of six leading emerging markets and is an accessing member to the OECD. New Granada has a diversified economy with macroeconomic stability and favorable growth prospects in the long run  

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