US EditionVenezuela and Colombia discuss joint border trade zone
- Venezuelan Foreign Minister Yv�n Gil and Colombian Foreign Minister Rosa Yolanda Villavicencio met in Bogotá to discuss establishing a Binational Economic Zone aimed at boosting trade and investments between both countries.
- The proposed Binational Economic Zone could attract international investment, with countries like India, China, T�rkiye, and Russia showing interest, as mentioned during a presentation by Venezuelan President Nicol�s Maduro.
- The initiative focuses on sectors such as agriculture and tourism to create job opportunities and improve quality of life, according to Gil's statement on Telegram.
- Both nations recognize challenges, including political relations and infrastructure, that must be addressed for the zone's successful implementation.
22 Articles
22 Articles
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Venezuela and Colombia Join Forces: What the New Binational Economic Zone Means for Global Markets
In recent developments, the establishment of the first Binational Economic Zone between Venezuela and Colombia has captured significant global attention. This initiative, underscored by Venezuelan President Nicolas Maduro’s emphasis on fostering bilateral investments, is set to enhance economic collaboration and introduce international capital from various countries. With nations such as India, Türkiye, Russia, and China expressing interest, thi…
In an event held in the Venezuelan capital, the governments of Venezuela and Colombia signed a memorandum of understanding to establish a Special Economic Zone of Peace, with the objective of promoting binational development, strengthening the productive sectors and guaranteeing security in the border region. READ ALSO: Venezuela proposes to Colombia the creation of a Binational Economic Zone Venezuela's executive vice president, Delcy Rodríguez…
Venezuela and Colombia discuss joint border trade zone
Venezuelan Foreign Minister Yván Gil met with his Colombian counterpart, Rosa Yolanda Villavicencio, in Bogotá to reinforce bilateral relations between the two South American countries. A key topic was promoting a Binational Economic Zone to boost cross-border trade and the economies of both nations.
The governments of Colombia and Venezuela signed a memorandum of understanding this Thursday for the creation of a "binational zone of peace" that will seek to boost trade, industry, tourism, and transportation between the two neighbors, in what Venezuelan diplomacy has deemed "a historic step." "Today we have taken a historic step by reaffirming the unity of our peoples with the creation of the first Binational Zone of Peace, Union, and Integra…
Victoria Korn The governments of Venezuela and Colombia signed this Thursday at the headquarters of the Executive Vice Presidency of Venezuela in Caracas, a historic memorandum of understanding that establishes the basis for the creation of a Special Economic Zone of Peace, a binational project that seeks to boost the economy, improve security and strengthen integration in the border region. President Nicolás Maduro defined as a “historic docume…
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