
Colombia, Peru and Chile announced on Wednesday the integration of their foreign exchange markets in the framework of MILA to facilitate money exchange operations between the three associates which add to a daily average turnover of 2,798bn. So far the Latinamerican Integrated Market, MILA, is operating with a combined stock market for the three nations.

The Pacific Alliance made its official presentation in New York before 200 business people and investors, mostly from the US, with four top anchor men: the presidents of Chile, Peru and Colombia and Mexico’s foreign trade minister since head of state Enrique Peña Nieto had to remain in the country because of the catastrophic floods.

President Juan Manuel Santos was grateful and ‘accepted with prudence’ his Uruguayan peer Jose Mujica offer to host a peace-talks process in Montevideo with the other big guerrilla movement in Colombia, the ELN, National Liberation Army

The Royal Navy warship HMS Lancaster has visited Colombia to strengthen relationships with the country. The vessel called at the port of Cartagena ahead of Exercise Unitas, a multinational exercise being played out in the region headed by the US Navy.

Colombia’s Marxist rebel organization, FARC reiterated on Wednesday its call to the Colombian government to establish a truth commission to deal with the history of the internal conflict in the country that goes back to 1964.

Colombia's peace talks with Marxist FARC rebels have reached a critical stage, with discussions over the next couple of months a key gauge of whether an end to five decades of war is likely or not, government negotiator Sergio Jaramillo said on Tuesday.

The Colombian ministerial cabinet presented on Monday a protocol resignation to President Juan Manuel Santos so that the leader can make the necessary changes as his administration prepares for the last year of his mandate, according to Palacio Nariño sources.

The head of the Colombian negotiation team Humberto de la Calle cautioned on Monday that in case a definitive agreement is reached with the FARC rebel forces, (Colombian Revolutionary Armed Forces), peace could reach ten years after the ratification of the accord.

President Juan Manuel Santos ordered troops to patrol Bogota and Colombia's highways on Friday, after violent protests in support of striking farmworkers left two dead.

On 17 July, Nicaragua announced that US-based Noble Energy would invest 30 million dollars in drilling two offshore wells in the Caribbean—launching Nicaragua's first-ever oil exploration.