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Andean Group - April 2024
Introduction
US sanctions on Venezuela’s oil and gas industry, which were loosened last October as an incentive for President Nicolás Maduro to hold free and fair elections this year, were slapped back on by Washington on 18 April, on the grounds that the Bolivarian government had not kept its half of the bargain by cracking down on prominent opposition candidates.... Read More
Venezuela
US sanctions on Venezuela’s oil and gas industry, which were loosened last October as an incentive for President Nicolás Maduro to hold free and fair elections this year, were slapped back on by Washington on 18 April, on the grounds that the Bolivarian government had not kept its half of the bargain by cracking down on prominent opposition candidates.... Read More
At least 30 people were reportedly killed in a mine collapse in Venezuela’s central state of Bolívar on 20 February, casting a spotlight once again on the issue of illegal mining in the country.... Read More
Peru
Peru’s congress approved two constitutional reforms on 6 March, voting to resurrect the senate which has not sat since 1992 and allowing the immediate re-election of legislators.... Read More
Peru’s President Dina Boluarte has carried out three cabinet reshuffles in as many months.... Read More
Colombia
Colombia’s political risk has ratcheted up a notch in recent months.... Read More
President Gustavo Petro issued an apology on behalf of the Colombian state for persistently high levels of femicide on 8 March, in a video address to mark International Women’s Day.... Read More
Ecuador
Highlights
PERU | Approving new mining exploration projects. On 26 March Jorge Soto, the director general of the mining directorate at Peru’s mining & energy ministry (Minem), announced that the government is aiming to approve three exploration projects every month as it bids to boost investment in the industry.... Read More
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Choose from one of the following options
- Introduction
- Renewed sanctions could undo progress
- Disaster renews focus on illegal mining
- Can the return of a senate restore stability?
- Political instability returns to the fore
- Petro eyes constitution to kickstart reforms
- Petro apologises for femicides in name of the state
- Emergency security measures yield mixed results
- Economic Highlights