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	<title>Maria Malmer Stenergard &#8211; Finance Colombia</title>
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	<description>Connecting Colombia to the global capital markets, analysts, economists, investors, and executives that matter</description>
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	<title>Maria Malmer Stenergard &#8211; Finance Colombia</title>
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		<title>Sweden Renews Its Commitment to Colombia With a New Cooperation Strategy Through 2031</title>
		<link>https://www.financecolombia.com/sweden-renews-its-commitment-to-colombia-with-a-new-cooperation-strategy-through-2031/</link>
		
		<dc:creator><![CDATA[Suzanne Latre]]></dc:creator>
		<pubDate>Fri, 17 Jul 2026 13:30:44 +0000</pubDate>
				<category><![CDATA[Public Sector & Education]]></category>
		<category><![CDATA[Benjamin Dousa]]></category>
		<category><![CDATA[bilateral relations]]></category>
		<category><![CDATA[caribbean]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[development cooperation]]></category>
		<category><![CDATA[energy transition]]></category>
		<category><![CDATA[foreign aid]]></category>
		<category><![CDATA[gripen]]></category>
		<category><![CDATA[latin america]]></category>
		<category><![CDATA[Maria Malmer Stenergard]]></category>
		<category><![CDATA[peacebuilding]]></category>
		<category><![CDATA[Rosa Yolanda Villavicencio]]></category>
		<category><![CDATA[Saab]]></category>
		<category><![CDATA[Sida]]></category>
		<category><![CDATA[stockholm]]></category>
		<category><![CDATA[sweden]]></category>
		<category><![CDATA[ukraine]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=37943</guid>

					<description><![CDATA[As Sweden pulls back from aid worldwide, it commits about $16 million USD a year to Colombian jobs, democracy, and peace through 2031....]]></description>
										<content:encoded><![CDATA[<h2 class="PDq2pG_selectionAnchorContainer" data-section-id="1so0dni" data-start="330" data-end="398">Colombia stays a Swedish priority as Stockholm cuts aid elsewhere</h2>
<p data-start="400" data-end="663">Sweden has formalized a new development cooperation strategy with Colombia covering 2026 through 2031 and maintains the Andean nation among its priority international partners as Stockholm reduces the number of countries receiving dedicated <a href="https://www.regeringen.se/strategier-for-internationellt-bistand/2026/06/strategi-for-sveriges-utvecklingssamarbete-med-colombia-2026-2031/">Swedish aid strategies</a>. This comes after the Colombian government <a href="https://www.financecolombia.com/colombian-president-announces-the-country-will-purchas-saab-gripen-fighters-from-sweden-rejecting-us-f-16-french-rafale/">agreed to purchase a fleet of Saab Gripen fighter jets.</a></p>
<p data-start="665" data-end="1006">The strategy, which enters into force on July 1, 2026, and runs until the end of 2031, is expected to mobilize approximately SEK 150 million ($16 million) annually for initiatives focused on employment, democratic strengthening, human rights, and peacebuilding. The final allocation will be determined through Sweden’s annual budget process.</p>
<p data-start="1008" data-end="1324">The decision comes as Sweden has narrowed its international cooperation framework, reducing the number of dedicated aid strategies from nearly 70 to 32 countries. A significant portion of Sweden’s aid resources has been redirected toward Ukraine, while several previous partner countries have lost dedicated support.</p>
<p data-start="1326" data-end="1524"><a href="https://www.cancilleria.gov.co/">Colombia’s</a> continued inclusion reflects the importance Stockholm places on the bilateral relationship, particularly around peacebuilding, sustainable development, trade, and democratic institutions.</p>
<blockquote data-start="1526" data-end="1670">
<p data-start="1528" data-end="1670">“Aid will now be based on what we know works.” &#8211; Benjamin Dousa, Sweden’s Minister for International Development Cooperation and Foreign Trade</p>
</blockquote>
<p data-start="1672" data-end="2010">The new Colombian strategy is built around three main priorities: expanding livelihood opportunities through inclusive institutions, employment, trade, and digitalization; strengthening democracy, human rights, and the rule of law; and supporting the consolidation of negotiated peace through stronger institutions for peace and security.</p>
<p data-start="2012" data-end="2163">Additional areas of cooperation include fossil-free energy, biogas and biomass, mining, agroindustry, climate-smart technologies, and waste management.</p>
<p data-start="2165" data-end="2580">The announcement followed Colombian Foreign Minister Rosa Yolanda Villavicencio’s visit to Stockholm on February 9 for the Second High-Level Dialogue between Colombia and Sweden. During the visit, Villavicencio held a bilateral meeting with Sweden’s Foreign Minister Maria Malmer Stenergard, with discussions focused on peace, security, sustainability, energy transition, trade, education, and economic development.</p>
<p data-start="2582" data-end="2738">The <a href="https://suecia.embajada.gov.co/">Colombian Embassy in Sweden and Iceland </a>stated that the dialogue contributed to maintaining and expanding Sweden’s cooperation strategy with Colombia.</p>
<p data-start="2740" data-end="3026">Beyond the bilateral strategy, Colombia will also benefit from Sweden’s new Regional Strategy for Latin America and the Caribbean, which will provide an additional SEK 75 million ($8 million) annually to support trade, democratic development, and the green transition across the region.</p>
<p data-start="3028" data-end="3221">The strategy will be implemented through <a href="https://sida.se/en"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Swedish International Development Cooperation Agency</span></span></a>, Sweden’s development cooperation agency, with the full cooperation framework published by the Swedish government.</p>
<p data-start="3223" data-end="3440">Colombia is among a limited group of countries, including Guatemala, Cuba, Bangladesh, the Democratic Republic of the Congo, Kenya, Rwanda, and Sudan — receiving dedicated Swedish cooperation strategies through 2031.</p>
<p data-start="3442" data-end="3788">The renewed framework builds on a <a href="https://www.financecolombia.com/ambassador-helena-storm-highlights-swedens-trade-growth-and-peacebuilding-impact-in-colombia/">broader strengthening of bilateral ties</a>. In 2024, Sweden and Colombia signed a partnership agreement elevating their relationship to a strategic partnership, alongside memorandums of understanding covering sustainability, energy transition, innovation and technology, education, transport, and space cooperation.</p>
<p style="text-align: right;" data-start="3442" data-end="3788">Headline photo: A Saab Gripen E at Colombia&#8217;s 2023 F-AIR airshow (photo © Loren Moss)</p>
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