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Colombia joins Belt and Road initiative as China courts Latin America

  • Chinese President Xi Jinping and Colombian President Gustavo Petro met in Beijing on May 12 to sign a cooperation plan joining Colombia to the Belt and Road Initiative.
  • This agreement follows Colombia's strategic goal to diversify international partnerships amid slowed economic growth and reflects the expanding Chinese influence in Latin America traditionally dominated by the United States.
  • The cooperation seeks to boost trade, promote investment, and advance infrastructure projects, with China expressing its intention to increase imports of high-quality Colombian goods and back joint investments and development efforts.
  • President Xi committed $9.2 billion in development loans and emphasized that maintaining global peace and fostering development and prosperity worldwide depend on countries working together in solidarity.
  • Colombia’s Belt and Road entry may boost infrastructure and technology growth but raises concerns over debt, sovereignty, and transparency amid mixed domestic political reactions.
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Colombia joins Belt and Road initiative as China courts Latin America

Colombia formally agreed on Wednesday to join China's vast Belt and Road infrastructure initiative, as Beijing draws Latin America closer in a bid to counter the United States.

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The Rio Times broke the news in Brazil on Monday, May 12, 2025.
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