Colombian President Juan Manuel Santos regretted the loss of Hugo Chavez and attributed the advances in the peace process of his government with the FARC Marxist guerrillas (Colombian Revolutionary Armed Forces) to the deceased Venezuelan leader.
Colombia's government will not hold back militarily or politically in its offensive against Marxist-oriented drugs-funded rebels, President Juan Manuel Santos said on Sunday, after FARC guerrillas said his hostile attitude was threatening peace negotiations.
Colombia only has enough oil to last another eight years and must urgently step up exploration efforts to locate more reserves, Finance Minister Mauricio Cardenas said.
Colombia on Thursday signed a Free Trade Agreement (FTA) with South Korea in Seoul. The FTA includes a wide range of elements to boost bilateral trade and investment, according to the trade ministry.
Interpol has announced that it arrested nearly 200 people in a wide-ranging international operation against illegal logging and the trafficking of timber. The three-month effort spanned 12 Central and South American countries, and 8 million dollars worth of timber was seized.
Colombia announced that it produced an average of 1.01 million barrels of oil per day in January, marking the first time that average crude output for a month surpassed the one million-barrel mark that the government had set as a target for the country's oil industry.
Representatives of the Colombian government and Marxist-led FARC rebels reconvened in Havana Monday for a third round of peace talks that the administration of President Juan Manuel Santos says need to start moving faster.
GeoPark Holdings Limited announced the successful drilling, testing and putting into production of a new oil well in the Tua oil field on the Llanos 34 Block in Colombia. GeoPark that also has drilled for oil in southern Chile and Argentina operates and has a 45% working interest in the Llanos 34 Block.
The IMF said Thursday that it was unlikely to take action on Argentina failure to supply accurate statistical data before January, if the country misses a deadline next Monday.
IMF Managing Director Christine Lagarde on a five day tour of Latin America is expected to outline the lender’s reversal of its decades-old opposition to capital controls, even as Brazil says the new position doesn’t go far enough.