A court in the southwest of Colombia has overruled the decision of a lower court to award compensation to the family members of eleven assembly members who were kidnapped and assassinated by the FARC.
The Administrative Court of Valle del Cauca overturned a previous ruling which had mandated that Police, the Ministry of Defence and the Government of Valle make payments of compensation.
Colombia’s state-owned commercial bank Bancoldex announced the creation of a financial instrument for exporters for mitigating risk in international trade negotiations.
The new device, called the Compra de Cartera Internacional, is also said to allow entrepreneurs to receive their money in a timely manner, improve cash flow and increase sales to foreign buyers. It is intended specifically for companies that export to countries in which they have allied banks, such as Ecuador, Peru , Mexico and Brazil. It is also said to have benefits for importers such as better payment terms and improved line of credit.
The man unofficially known as Colombia’s “oldest paramilitary” has accepted responsibility for a range of crimes including forced displacement, conscription of children and violence against women, during a trial that recommenced on Monday.
Ramon Isaza, known as “El Viejo” and described as Colombia’s “oldest paramilitary” by crime analysis website Insight Crime, was the founder and a leading member of the ‘Self -Defense Forces of Magdalena Medio’ (ACMM).
The National Parks office has moved to place restrictions on guests at one of Colombia’s most visited parks after reports of extensive harm caused by unregulated use.
The new controls include making visitors pay in advance to enter the park, limiting access to trails and camping areas, and prohibiting horse riding on park grounds. The park is located in the Andes mountains in the department of Boyaca.
A union-led work stoppage at one of Colombia’s largest oil refineries, located in the northern city of Cartagena, has ended after a wage agreement was struck just three days after strikes began, media reported Monday.
Colombia’s national oil workers’ union, the Union Sindical Obrera (USO) successfully negotiated a pay increase of between 40 and 100 percent for employees of the REFICAR plant, according to its leader Redolfo Vecino. He said: “We reached a $104.5 million deal for salary increases.”
Colombia’s defense minister announced an accord to strengthen security cooperation between his country and two European allies, Russia and Sweden, at an event in Stockholm on Saturday.
Speaking at the Global Strategic Review of the International Institute for Strategic Studies (IISS), Minister Juan Carlos Pinzon announced agreements between the three countries to tighten collective efforts in the fight against terrorism and drug trafficking.