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“Many leaders of the land reclamation movement have been killed, including my father,” said Ramón Bedoya of Colombia.

The demand shows "the confidence of the market in Itaú,” said Derek Sassoo of Banco Itaú Colombia.

Russia, the United States, and Brazil — three countries with much larger populations — are the only nations that have bought more tickets than Colombia.

The agreements coincided with Colombian President Juan Manuel Santos’ trip to Brasilia to meet with Brazilian President Michel Temer.

Zurich expects the transaction to be finalized “by the end of 2018” and funded by internal sources.

Citibank operations in Colombian include 500,000 customers, 47 branches, and 424 self-service access points in Colombia.

The prediction is slightly below the 3.0% and 2.9% forecasts from the World Bank and IMF, respectively.

The group says that 2018 will be “a year that will likely prove decisive for the region."

Cali, the third largest city in Colombia, ranked ninth among the continent’s on-the-rise destinations.

The IMF projection is in line with the 2.9% prediction issued last week by the World Bank.