Category: Colombia 🇨🇴

Colombia could be affected by the new dynamics of the trade war between China and the U.S.

The United States and China announce trade measures that could impact global supply chains and have repercussions on the configuration of the world economy, including Colombia. Tensions between these countries have escalated with economic sanctions and retaliatory trade measures between them.

Fundación Andrés Bello

Thirty Chinese migrants rescued in their attempt to cross from Colombia to Panama

On July 4th, the Colombian Navy rescued 30 Chinese migrants, 4 women, and 26 men near Cabo Tiburón in the department of Chocó. This happened as they were attempting to cross into Panama. The suspicious vessel was intercepted by Colombian authorities in the Gulf of Urabá. The Chinese citizens were placed under the custody of the Migration Colombia office.
Fundación Andrés Bello

Bogotá Metro: Chinese consortium argues unconsidered variables and will appeal the penalty

The Chinese consortium responsible for the construction of the first line of the Bogotá Metro has announced that it will appeal the penalty imposed by the district, which amounts to 812 million pesos due to delays in the delivery of detailed designs.
Fundación Andrés Bello

Chinese companies express interest in investing more in Colombia

The largest Chinese companies operating in Colombia have expressed their keen interest in increasing their investments in the country. During a meeting in Bogota with representatives from various ministries and government entities, discussions revolved around the potential for Chinese companies to contribute to the peace-building efforts in areas affected by the armed conflict in Colombia.
Fundación Andrés Bello

Suspension of mining operations in Buriticá following an attack

Mining company Zijin-Continental Gold, based in Buriticá, Antioquia, was the target of an attack with a car bomb that tragically resulted in the loss of two lives and left several injured, including security personnel and employees of the mining company.

Fundación Andrés Bello

Progress of the Bogota Metro is threatened by the Chinese concessionaire’s non-compliance

The Bogotá Metro Company has initiated a sanctioning process against the Chinese licensee of the Metro Línea 1 due to their failure to respond to the observations made by the project’s oversight entity. So far, only 41% of the required 315 deliverables have received approval from the oversight entity.

Fundación Andrés Bello

EPM signs contract with Chinese company to promote solar energy project in Colombia

The Colombian company EPM has signed a contract with Powerchina International Group Limited, Colombia branch, to implement the Tepuy Photovoltaic Solar Park, its first large-scale renewable energy project in Colombia. This non-conventional renewable energy project will contribute 83 megawatts of renewable energy to the National Interconnected System (SIN), which could supply a city of 400,000 inhabitants.
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China-Colombia relations are at an all-time high

Ingrid Chaves, director of the Colombian-Chinese Chamber of Commerce, spoke to Portafolio about the progress of diplomatic relations with China and the changes expected with the new government: “this year marks 43 years since the beginning of diplomatic relations and before the pandemic, China became the country’s second partner in trade and the first Asian investor in Colombia,” said Chaves.
Fundación Andrés Bello

Chinese company BYD supports Colombia for sustainable mobility

he Chinese company Build Your Dreams (BYD), a pioneer in providing electric vehicles to Colombia since 2012, expressed its intention to act as an ally to meet the Colombian government’s expectations regarding the progress in the transition to clean energy, with special emphasis on the mobility issue. In an interview with Xinhua, BYD’s general manager in Colombia, Juan Luis Mesa, recalled that the company has offered effective zero emission solutions in more than 70 countries.
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Minerva and high Chinese demand

Minerva affirmed that it will continue to meet Chinese beef demand through four slaughter units, three in Uruguay and one in Argentina. This follows a confirmed case of mad cow disease in the state of Pará in Brazil. Minerva, South America’s leading beef processor and exporter, present in Colombia, Chile, and Paraguay, assured that the strategy will prevent its market share from being affected as China is the largest importer of Brazilian product and has a protocol for suspending business in the event of cases of atypical Bovine Spongiform Encephalopathy, something that has already occurred in the past.

Fundación Andrés Bello
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