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Reopening the Rumichaca Bridge ends a $5 million USD per day blockade, but a 50% tariff and energy price disputes keep binational tensions high.

The Kingdom of Saudi Arabia has granted phytosanitary certification for exports from four Colombian beef processors, allowing Colombian ranchers to tap into Saudi Arabia’s $400 million USD beef market. Red Cárnica S.A.S. from Córdoba (belonging to Athena Foods, of Minerva...

The retail giant plans to hire 400 people by the end of October and reach 600 employees by the end of the year.

This figure represents a 5.4% increase compared to the $5.5 billion USD in revenues in 2016.

The agreements focus on erasing regulations and “tramites” that slow down time to market across borders.

Colombia set an all-time modern monthly record for record hotel occupancy rate, with 62.5% of the rooms being filled last November.

“This is a sign of the road to recovery,” said Colombian Minister of Commerce, Industry, and Tourism María Lorena Gutiérrez.

Lacouture served as commerce minister for the Santos administration from May 2016 until last month.

More than half of the total, or about $2.3 million USD, will fund the construction of a new administrative center for Mocoa.

Four beef producers have already been approved to start shipping their products to Chile, which imports some $800 million USD of meat per year.