Tag: Colombia

• Wednesday, June 1st 2011 - 08:37 UTC

  Moody’s joins S&P and lifts Colombia’ credit rating to investment grade

  

  Colombia’s credit rating was raised to investment grade by Moody’s Investors Service, matching a move by Standard & Poor’s two months earlier, as economic growth accelerates and the threat posed by guerrilla groups and organized crime recedes.

• Monday, May 23rd 2011 - 06:04 UTC

  Colombia’s oil company makes new discovery; plans to drill another ten wells in the block

  

  Colombian state oil company Ecopetrol said it made a new discovery at a well in the south-eastern Caño Sur block, of which the company is the sole owner and operator.
  The Mito-1 exploratory well yielded an average of 200 barrels per day of heavy oil in initial testing, Ecopetrol, which plans to drill another 10 wells at that block in the near future, said.

• Friday, May 13th 2011 - 01:01 UTC

  US trade deals with Colombia, Panama and Korea could be approved ‘by August’

  

  The United States free trade deals with Colombia, Panama and South Korea will pass through Congress by August if Republicans renew funding for the retraining of displaced workers, the chief U.S. trade official said Thursday.

• Wednesday, May 11th 2011 - 08:10 UTC

  IISS: cross-border sanctuaries have been key for the survival of Colombia’s FARC

  

  The ability of Colombia’s largest insurgent group, the Revolutionary Armed Forces of Colombia – People’s Army (FARC), to rely on cross-border sanctuaries has long been key to its survival, according to the International Institute for Strategic Studies.

• Tuesday, April 26th 2011 - 02:53 UTC

  Colombia strikes new oil well; production in March averaging 884.000 bpd

  

  Colombia’s state-run petroleum company Ecopetrol announced the results of testing from an oil well in the south of the country with initial findings showing production levels to average 92 barrels of oil a day reported the Bogotá press.

• Wednesday, April 13th 2011 - 23:04 UTC

  EU, Colombia, Peru sign ambitious trade agreement; saves half a billion Euros in tariffs

  

  EU Trade Commissioner Karel De Gutch together with Colombian Minister for Trade Sergio Diaz-Granados Guida and Peruvian Deputy Minister for Foreign Trade Carlos Posada Ugaz, celebrated Wednesday in Brussels the initialling of an ambitious trade agreement between the EU, Colombia and Peru.

• Monday, April 11th 2011 - 06:17 UTC

  With Colombia support Venezuela gets temporary extension of Andean membership

  

  Colombian President Juan Manuel Santos and Venezuela’s Hugo Chavez agreed over the weekend to temporarily extend the bilateral trade pact within the framework of the Andean Community, or CAN, despite Venezuela’s pending withdrawal from that regional organization on April 21.

• Monday, April 11th 2011 - 05:18 UTC

  Santos and Chavez meet Lobo and agree on helping Honduras return to the OAS

  

  The presidents of Colombia, Venezuela Juan Manuel Santos and Hugo Chavez held a non announced meeting with their Honduran peer Pofirio Lobo and said they were committed to help the outcast country rejoin the Latin American family by returning to the Organization of American States, OAS.

• Thursday, April 7th 2011 - 09:01 UTC

  Colombia and Obama closer to having US Congress approve free trade agreement

  

  White House officials said the United States and Colombia have reached a deal on a free trade agreement. President Barack Obama and Colombian President Juan Manuel Santos are to meet Thursday to discuss the deal.

• Wednesday, April 6th 2011 - 06:39 UTC

  Chile, Colombia, Peru launch integrate stock markets beginning May 30

  

  Operations of a joint stock market linking Chile, Colombia and Peru are scheduled to begin May 30. The group, known as the Integrated Latin American Market, or Mila, said Tuesday that the decision was taken following two rounds of successful testing.