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“Only on the basis of dialogue, communication and constant effort can we join efforts to make progress," said Colombian diplomat Andrés González.

"It is difficult to see a domain where it couldn’t be applied nowadays," said Waldemar López of UruIT about the future of machine learning adoption.

The IFC DigiLab for Latin America and the Caribbean will look toward “helping businesses respond to new digital trends in the market."

Bogotá is up for the top prize for the overall “South America’s Leading Destination,” while San Andres could win best beach destination.

"Our current reserves and resources are just a tip of the iceberg of what's to come," says Ari Sussman, CEO of Continental Gold

The provision is part of a larger, historic $1.36 billion USD bond that covers seismic risk for all four of the Pacific Alliance nations.

The environmental harm is ongoing, and Ecopetrol’s response to the catastrophe has drawn widespread criticism.

The Latin American Agribusiness Development Corporation will finance ventures in Colombia, Chile, Costa Rica, the Dominican Republic, Guatemala, Nicaragua, and Peru.

Colombia has previously hosted the event four times over the past six decades, mostly recently in 2009 in Medellín.

Garnero will remain involved with the company in an advisory capacity and his son, Mario Bernardo Garnero, will fill his seat on the board.