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Andean Group - March 2025
Introduction
General Pedro Sánchez was sworn in as Colombia’s new defence minister on 19 February, replacing Iván Velásquez (2022-2025) as President Gustavo Petro bucked a longstanding norm that has seen the defence ministry under civilian control for most of the last four decades.... Read More
Colombia
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One tense moment in an awkward cabinet meeting that was broadcast live on 4 February and led to several ministers resigning was when President Gustavo Petro grilled his then energy and mining minister, Andrés Camacho (2023-2025), as to why state oil company Ecopetrol had extended a joint fracking venture with US firm Occidental Petroleum Corporation.... Read More
Peru
Peru’s transport and communications ministry (MTC) announced in February that it will be launching a call for tender for a pre-investment study into the 900km-long Chancay-Pucallpa railway project.... Read More
Ecuador
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During the last general elections in Ecuador in 2023 the world was shocked by the assassination of presidential candidate Fernando Villavicencio and the raw violence that had taken hold of the small Andean nation.... Read More
Bolivia
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In February Bolivia’s President Luis Arce inaugurated the country’s first steel production plant, the Complejo Siderúrgico del Mutún, located in Puerto Suárez in the eastern department of Santa Cruz.... Read More
Highlights
PERU | Chancay-Shanghai trade. In the first two months of operation, over 22,000 tonnes of cargo have been transported along the new direct maritime route between the Chinese-funded Chancay mega-port on the Peruvian Pacific coast, and the Chinese city of Shanghai, according to a report from Peru’s state news agency Andina on 5 March.... Read More
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