How is Colombia positioning itself to take advantage of Venezuela’s potential economic reactivation?

Economic relations between Venezuela and Colombia are beginning to show signs of renewed momentum amid expectations of growth and economic recovery in Venezuela. Authorities and business leaders from both countries have advanced discussions on energy cooperation, oil investment, binational transport and trade, while preparing for high-level political meetings and maintaining key regulatory decisions such as the renewal of the Monómeros license by the United States.

Read More

Which actors are shaping the configuration of Venezuela’s oil market in recent weeks?

Venezuela’s oil industry is undergoing a period of reconfiguration marked by a partial increase in domestic refining, new U.S. licenses that are energizing exports and gas projects, the return of supertankers to its terminals, expectations of foreign investment, India’s presence in light of the agreement with the United States, challenges stemming from past debts, the IMF’s interest, and prospects for economic reactivation in the country’s oil-producing regions.

Read More

A Summit without a compass: The CELAC–EU faces caribbean tensions and key absences amid growing pressures

The Fourth Summit of the Community of Latin American and Caribbean States (CELAC) and the European Union (EU), held in Santa Marta, Colombia, ended early and with little participation from major leaders, reflecting the lack of political cohesion and the growing tensions in the Caribbean. The absences, the divergences over Venezuela, the wars in Ukraine and Gaza, and allegations of U.S. military deployments marked a meeting that aimed to strengthen bi-regional ties but ultimately exposed the diplomatic fragmentation on both sides of the Atlantic

Read More