colombia

Colombia Economy Faces ‘Difficult’ 2009, Roubini Says

Bloomberg.com
Colombia has been among the nations hardest hit in Latin America this year and its prospects may not improve as exports fall, said Nouriel Roubini, the New York University professor who predicted the financial crisis.
“It’s going to be a difficult year,” Roubini said in an interview in New York. “Colombia has been hit by [...]


EU-Andean Community trade talks fall apart

.::. Latinamerican Press ::..
The European Commission announced on Nov. 11 that talks for a trade pact between the EU and the Andean Community were officially over.
E.U. External Relations Commissioner Benita Ferrero-Walder said that last-ditch efforts to forge a region-to-region agreement had failed, and that it was moving ahead with separate agreements with Colombia and Peru.
Since [...]


Colombia to have six palm biodiesel plants by 2009

 TMCNet.com
Colombia, the leading producer of palm oil in the Americas, will have six palm biodiesel plants by next year and plans to increase its share of the biofuels market, sources from the sector said
In an interview Friday with Efe, the president of Colombian palm oil producer Comercializadora Internacional Acepalma, Maria Emma Núñez, said that four [...]


Colombian coffee icon defies Starbucks doldrums

International Herald Tribune
Starbucks may be struggling, but a Colombian cafe chain built on the fame of the world’s biggest coffee icon is determined to buck the trend.
Even as cash-short consumers cut back on gourmet blends, the Juan Valdez Cafe is selling coffee at 101 stores across Colombia, as well as at outposts in New York, [...]


Colombia aims to make El Dorado gold myth a reality

Forbes.com
Colombian gold production is expected to more than double over the next decade as a crackdown on leftist rebels makes wide areas of the country safe for exploration after decades of violence.
Colombia, home to the legend of a gold-filled lake called El Dorado, will produce 41.5 tonnes (1.463 million ounces) of the metal this year, [...]


Andean Nations Get U.S. Trade Preferences Extended by House

Bloomberg.com: Latin America
The U.S. House approved extending trade preferences for Colombia, Peru and more than 100 other developing nations, setting up a possible vote in the Senate this week.
The bill, which would suspend $1 billion in tariffs, will continue for a year two separate measures that allow developing countries to ship their products duty-free to [...]


Colombia, Peru presidents urge quick EU trade deals

News | Africa – Reuters.com
Peru and Colombia, frustrated by slow region-to-region free trade talks between the EU and South America’s four Andean countries, have formally asked Brussels to pursue swifter bilateral negotiations with them.
The free-market presidents of Peru and Colombia made the proposal this month, trade officials told Reuters, underscoring their split with Bolivia and [...]