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Venezuela and Colombia Restore Full Diplomatic Relations

COLOMBIA
  • The government could sell public electricity sector assets to public companies such as Empresas Publicas de Medellin and Grupo Energia Bogota seeking to raise fiscal revenue, Finance Minister Jose Antonio Ocampo told reporters in Bogota.
    • Ocampo added that Colombia tax bill was expected to be approved before lawmakers passed the 2023 budget but it will take longer than expected.
    • Ministry will organize regional talks to socialize the tax bill plan.
  • Colombia President Gustavo Petro will travel to Lima for a meeting with Peru’s President Pedro Castillo on Monday, a spokesperson for Petro said.
    • Petro will attend the Andean Community of Nations (CAN) summit in Lima.
  • Venezuela and Colombia restored full diplomatic relations Sunday after a three-year break, as a new leftist government in Bogota takes shape.
    • A new Colombian ambassador, Armando Benedetti, arrived in Caracas and said on Twitter: "Relations with Venezuela should never have been severed. We are brothers and an imaginary line cannot separate us."
    • He was welcomed by deputy foreign minister Rander Pena Ramirez, who tweeted that "our historical ties summon us to work together for the happiness of our peoples." (AFP)
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