-5.3 C
Munich
Sunday, January 24, 2021

Colombia hopes to maintain U.S. investment under new administration

Must read

Harmon’s 22 points sends Oklahoma past No. 9 Kansas 75-68

De’Vion Harmon scored 22 points and Oklahoma beat No. 9 Kansas 75-68 Saturday for its second victory this month over a top-10 opponent.Oklahoma (9-4, 5-3 Big 12) has won three of its last four games against Kansas (10-5, 4-4) in Norman and is 8-1 at home this season at the Lloyd Noble Center. Included in…

Sasser, Grimes lead No. 8 Houston past Temple 68-51

Kelvin Sampson watched his Houston team win another rout and found "two or three areas" of needed improvement. Clean those up and another number comes into focus for the Cougars: a potential No. 1 seed in the NCAA Tournament."If we get better in the areas we need to be good at," Houston’s coach said, "all…

Mahoney scores 20, leads No. 11 Creighton past No. 23 UConn

Denzel Mahoney scored 20 points and 11th-ranked Creighton broke open a close game in the last 10 minutes to beat No. 23 Connecticut 74-66 Saturday.The Bluejays (11-4, 7-3 Big East), who struggled offensively while losing their previous two games, shot 58% in the second half and avoided their first three-game losing streak since February 2019.Mahoney…

FA Cup holder Arsenal eliminated, Man City survives scare

Last season’s FA Cup winner Arsenal was eliminated from the competition in the fourth round on Saturday thanks to Gabriel’s own-goal in a 1-0 loss to Southampton, while Manchester City survived a scare to beat fourth-tier Cheltenham 3-1.In an otherwise close game, Gabriel's decision to try to block a shot from Kyle Walker-Peters proved decisive…


Investing.com - Financial Markets Worldwide

No results matched your search

Economy3 hours ago (Nov 11, 2020 01:00PM ET)

2/2

© Reuters. Colombia's President Ivan Duque speaks during an interview with Reuters in Bogota
© Reuters. Colombia’s President Ivan Duque speaks during an interview with Reuters in Bogota

2/2

By Luis Jaime Acosta

BOGOTA (Reuters) – Colombia hopes the U.S. government under President-elect Joe Biden will maintain a $5 billion investment program to boost economic and social development, as well as improve security in regions affected by drug-related violence, President Ivan Duque said on Wednesday.

The investment plan announced in August under the government of current U.S. President Donald Trump looks to encourage legal economic opportunities in rural zones where armed groups push cultivation of coca – the chief ingredient in cocaine – by joining private investment, technical assistance, and improved infrastructure to forge links with markets.

“We’re going to maintain that strategic, bipartisan and bicameral relationship, while always seeking to strengthen it for the benefit of both countries,” Duque said, adding Colombia has always had the support of Democrats and Republicans in the U.S. Congress.

The United States is the foremost destination for Colombian exports, as well as the Andean country’s strongest ally in the fight against drug trafficking.

Coca crops in Colombia covered 212,000 hectares (523,863 acres) in 2019, in line with the previous year, although cocaine production capacity rose 8% to 951 metric tons a year, according to the White House’s Office of National Drug Control Policy.

Under anti drug-trafficking initiative Plan Colombia, the United States gave billions of dollars to the South American country in military and social assistance.

Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

Harmon’s 22 points sends Oklahoma past No. 9 Kansas 75-68

De’Vion Harmon scored 22 points and Oklahoma beat No. 9 Kansas 75-68 Saturday for its second victory this month over a top-10 opponent.Oklahoma (9-4, 5-3 Big 12) has won three of its last four games against Kansas (10-5, 4-4) in Norman and is 8-1 at home this season at the Lloyd Noble Center. Included in…

Sasser, Grimes lead No. 8 Houston past Temple 68-51

Kelvin Sampson watched his Houston team win another rout and found "two or three areas" of needed improvement. Clean those up and another number comes into focus for the Cougars: a potential No. 1 seed in the NCAA Tournament."If we get better in the areas we need to be good at," Houston’s coach said, "all…

Mahoney scores 20, leads No. 11 Creighton past No. 23 UConn

Denzel Mahoney scored 20 points and 11th-ranked Creighton broke open a close game in the last 10 minutes to beat No. 23 Connecticut 74-66 Saturday.The Bluejays (11-4, 7-3 Big East), who struggled offensively while losing their previous two games, shot 58% in the second half and avoided their first three-game losing streak since February 2019.Mahoney…

FA Cup holder Arsenal eliminated, Man City survives scare

Last season’s FA Cup winner Arsenal was eliminated from the competition in the fourth round on Saturday thanks to Gabriel’s own-goal in a 1-0 loss to Southampton, while Manchester City survived a scare to beat fourth-tier Cheltenham 3-1.In an otherwise close game, Gabriel's decision to try to block a shot from Kyle Walker-Peters proved decisive…

Syracuse dominates No. 16 Virginia Tech in 78-60 win

Quincy Guerrier had 20 points, Marek Doelzaj added 18 and Alan Griffin had 15 points, 10 rebounds and a career-high seven blocks for his fourth double-double of the season, and Syracuse defeated No. 16 Virginia Tech 78-60 on Saturday.The Orange (9-4, 3-3 Atlantic Coast Conference), who badly needed a quality win to build its resume…