After two years of uncertainty and complex political, economic, and social processes, indicators show the first results of economic reactivation under President Gustavo Petro’s government. The Colombian economy grew by 3.68% in July 2024 compared to the same month of the previous year, according to the Economic Monitoring Index (ISE) from DANE. This growth marks […]
In April 2024, the Colombian economy registered a notable growth of 5.5%, according to the recent report from the National Administrative Department of Statistics (Dane). This increase is mainly attributed to the dynamism of the agricultural and mining sectors. After two years of uncertainty caused by the ambitious reindustrialization and decarbonization plan defined in the [...]
In another historic event for the bilateral relations between Colombia and the United Arab Emirates, both countries have signed the Comprehensive Economic Partnership Agreement (CEPA), the first of its kind that Colombia has signed with an Arab country. The Minister of Commerce, Industry and Tourism of Colombia, Germán Umaña Mendoza, and his Emirati counterpart, Thani […]
One of the main promises of President Gustavo Petro, is to design policies directed at attracting investments in other productive activities, not related to the extractive industry, like oil and mining. So it’s no accident to see, the tendency registered after one year of government is promising, where some Colombian industries evidenced a notable advance […]
Dubai-based airline Emirates has announced its intention to launch flights to Bogotá, Colombia, via Miami starting in June 2024. This announcement marks a significant moment in Colombian aviation as the Civil Aviation Authority of Colombia (Aerocivil) is expected to initiate an approval process for this new route. Emirates’ proposal to operate the route with Boeing […]
Recent reports from respected global media outlets, such as The New York Times, indicate that the Panama Canal is experiencing a drought that has significantly impacted transoceanic trade. This situation has prompted the Colombian government, led by President Gustavo Petro, to reconsider an idea proposed several years ago by engineers: the creation of a "bypass" [...]
Amidst a rapidly transforming global geopolitical landscape, Colombia faces significant economic challenges, characterized by low value-added generation and poor productivity performance. In recent decades, the country has experienced a setback in its industrial sector and a very incipient development in services based on innovation and knowledge. This situation is exacerbated by the high dependence on […]
One of the phrases that President Petro has repeated on several occasions is that “in Colombia, the government is not the same as power.” Power is held by a small group of companies and corporations for several decades now. And that small group of people who concentrate power and wealth in Colombia have last names […]
For 28 years, Colombia has been expressing its interest in joining the Asia-Pacific Economic Cooperation Forum (APEC). Despite repeated requests, the response had always been ignored until this year. In an unexpected turn, President Gustavo Petro was invited at the last minute to the APEC summit held in San Francisco, marking a significant diplomatic advance. […]
In an unexpected decision that went unnoticed in Colombian media, the Chinese pharmaceutical company Sinovac changed its initial plans to establish a new plant in Latin America in the city of Antofagasta, Chile. In this article, we explore the reasons that led Sinovac to choose Colombia over Chile and analyze the implications this may have […]
