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UK pledges additional funds for the Colombian peace process and demining

Friday, November 4th 2016 - 10:28 UTC
Full article 12 comments

The UK will increase its contribution to prosperity programs in Colombia by up to £25 million, supporting economic development and opening up investment and export opportunities worth in the region of £6 billion to the UK economy. Read full article


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  • Marti Llazo

    I wonder if that silly fellow who claims to live in Scotland will now whinge about the UK spending this tax money on faraway Colombia and its troubles.

    Nov 04th, 2016 - 01:36 pm - Link - Report abuse +1
  • gordo1

    Money well spent! This is a magnificent gesture to a friendly country! Viva Colombia!

    Nov 04th, 2016 - 05:29 pm - Link - Report abuse +3
  • The Voice

    That silly fellow is probably claiming benefits not paying tax. Our overseas aid budget is more than £12bn and in addition Scotland receives about £4 billion extra from the English taxpayer, so the paltry sum to protect our Falkland Islands is peanuts. With the Falklands oil wells one day it will be repaid in spades. The whingeing about tax is a smokescreen for another grudge anyway.

    Nov 04th, 2016 - 05:39 pm - Link - Report abuse -3
  • Marti Llazo

    I wonder if that silly fellow who claims to live in Scotland is also still upset about Colombia's having long ago replaced Argentina as South America's second-largest economy. Such is his attachment to the decline and fall of The Argentine.

    Nov 04th, 2016 - 06:36 pm - Link - Report abuse +2
  • Briton

    Apparently prime minister May, is sending British troops to help and train them,

    The TV stated that British advisers have already been , and the royal navy has visited 3 times to date,

    carry on like this and sending British troops all over the place the MOD will need more than the 80,000 we seem to have now..

    Nov 04th, 2016 - 08:05 pm - Link - Report abuse +1
  • Marti Llazo

    Apparently a good part of the UK aid will be for de-mining some of the rather extensive areas that are affected.

    I wonder how many millions Argentina has contributed to furthering the peace process in Colombia.

    And how many millions the argies have spent in de-mining the places they themselves have mined.

    Nov 04th, 2016 - 10:21 pm - Link - Report abuse +3
  • Voice

    Bozo above...

    “Opening up investment and export opportunities worth in the region of £6 billion to the UK economy.”

    There's a difference between speculating to accumulate and throwing money away....
    What's it to you anyway you are neither British or a UK resident...

    Nov 05th, 2016 - 02:26 am - Link - Report abuse -3
  • CapiTrollism_is_back!!

    Except that what you claim Marti Llazo is complete lies.

    Not one credible source lists Colombia as having a larger GDP than Argentina. Not one.

    Do you think you sound smarter by lying? No, you just sound like a liar.

    Nov 05th, 2016 - 03:22 pm - Link - Report abuse -1
  • Marti Llazo

    We understand your reluctance, KepiTroll. However..... you must remember that the Kirchner INDEC lied about everything, including GDP. So....

    “Argentina, once the third-strongest economy in the western hemisphere, extended its decades-long decline by ceding the No. 3 spot among Latin American economies to Colombia later this year [2014] -- thanks to the second-weakest currency in the region, soaring inflation, weak economic growth and chronic political problems, Capital Economics said on Monday. Brazil and Mexico remain No. 1 and No 2, respectively...”

    Published August 31, 2012 EFE wire service “....Colombia has moved ahead of Argentina to become South America's second-largest economy, the outgoing Colombian finance minister said Friday...”

    2012: ”Colombia surpassed Argentina in GDP, we are the second economy in South America after Brazil and the third in size (in Latin America) after Brazil and Mexico....,“

    2014: ”...Colombia has overtaken Argentina to become Latin America’s third largest economy after Brazil and Mexico, according to London-based financial analytics firm Capital Economics. Analysts say this was expected as Argentina is reeling from depreciating currency and high inflation...“

    Wall Street Journal: ”After Argentina's economy dwarfed Colombia's for decades, economists say the trend reversed in January as the sliding value of Argentina's peso made its economy smaller in dollar terms. Argentina's devaluation later in the month erased any doubt, economists say. Capital Economics, a London-based research company, estimates Argentina's annual economic output at $343 billion for 2013 using Argentina's new exchange rate of about 8 pesos to the dollar. Colombia's economy in 2013 stood at $350 billion for 2013, according to the company....”

    But since Kepi probably believed the INDEC numbers and Kicillof's lies previously, there is no reason to expect otherwise now.

    Nov 05th, 2016 - 08:41 pm - Link - Report abuse +2
  • Meursault

    According to the IMF in 2016 (not INDEC):

    Argentina's GDP is ~$540 billion.
    Colombia's GDP is ~$270 billion.

    I'm not sure how anyone could take your claims remotely seriously.

    Nov 06th, 2016 - 10:36 pm - Link - Report abuse 0
  • Marti Llazo

    IMF was using faulty representations from the INDEC.

    Argentina is about to fall down to fourth-largest economy in South America.

    Nov 07th, 2016 - 12:28 am - Link - Report abuse 0
  • Meursault

    Those figures are post-censure, after the INDEC was cleaned of lies and the IMF gave the green light.

    If you honestly believe that Kirchner's statistics were off by $300 billion (rather than the $40 billion or so that they were off by) you must be lacking far more brain cells than those who believed her.

    Nov 07th, 2016 - 12:57 am - Link - Report abuse 0

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