Latest Trade News
Trade News
Ecogas to Be Privatized The Colombian government announced in February it will sell Ecogas, a subsidiary of state oil company Ecopetrol, as part of a privatization program that includes the sale of the following five electricity-generating companies: Empresa de Energia de Cundinamarca; Electrificadora del Meta; Empresa de Energia de Boyaca; Electrificadora de Santander; and Centrales […]
Colombia Trade Report
Royal Caribbean Returns to Cartagena The U.S.-based company, Royal Caribbean Cruises, will return to Colombian ports after a more than a four-year absence. Richard Fain, President of Royal Caribbean, said during a announcement with Colombian President Alvaro Uribe that he anticipated 75,000 passengers would visit Colombia’s shores within the next year. Royal Caribbean sails to […]
Trade Report
Colombia achieves fiscal balance Coltrade is offering you the announcement of President Uribe that Colombia reached a fiscal balance-making it the best performance in that country’s public sector. Standard & Poor’s recently raised its outlook on Colombia’s foreign and domestic debt to “positive” from “stable,” which caused yields on the Colombian bonds to fall to […]
SPECIAL EDITION: WHAT OTHERS ARE SAYING
Excepts from media coverage of Colombia’s presidential election “The Uribe wind is not only an endorsement of a worldview favoring security, the rule of law and global engagement for Colombia. It is also evidence of a backlash against economic isolation and hostility toward private property preached by Mr. Gaviria and Mr. Chávez next door. As […]