The Colombian Congress authorized this Wednesday within the remaining debate the funding settlement between Colombia and Venezuela, which seeks to consolidate a prison software that regulates and promotes investments between the 2 international locations and that, in flip, supply a minimal prison framework of promises for direct funding between the 2 international locations.
The plenary consultation of the Area of Representatives authorized in its fourth and remaining debate the Settlement for the Promotion and Reciprocal Coverage of Investments signed between Colombia and Venezuela in February 2023which sooner than getting into drive, will have to be reviewed through the Constitutional Courtroom.
“We search to ascertain a prison framework that facilitates and promotes direct cross-border investments, which promotes the complementary business of products and products and services and stimulates sustainable building, productive diversification, the formation of price chains and the advent of certified employment,” he mentioned. the Minister of Trade, Business and Tourism, Germán Umaña, whilst highlighting the socioeconomic dating between each international locations.
