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Petro Names Foreign Minister, Local Markets Closed For Holiday

COLOMBIA
  • Colombia Financial Markets Closed For Holiday
  • President-elect Gustavo Petro on Saturday named Alvaro Leyva Duran as the foreign minister in his cabinet, ahead of Petro's inauguration in August.
    • Leyva, who has been a presidential candidate, has often served as a mediator between armed groups in the Colombian conflict.
    • “It will be a foreign ministry of Peace,” Petro said in a message on Twitter. “Colombia will contribute to the world all its energy to overcome the climate crisis and from the world we expect all the energy to overcome our endemic violence.”
  • Additionally, Colombian economist Jose Antonio Ocampo joined President-elect Gustavo Petro’s economics team, Ocampo said in reply to written questions.
    • Ocampo’s role, for the time being, is as part of the team that is managing the handover, he said. The new govt takes office on Aug. 7.
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