What does the color red mean in the Colombian flag?

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Tags

1. #shown
2. #valor
3. #independence
4. #symbolizes
5. #battles
6. #colombia
7. #achieved
8. #during
9. #spain
10. #vigilance
11. #justice
12. #yellow
13. #victory
14. #commonly
15. #interpreted
16. #represents
17. #version
18. #colors
19. #sovereignty
20. #indicates
21. #loyalty