Shared goals strengthen ties be­tween two na­tions

As se­cu­rity and poli­cies im­prove, re­la­tions warm

China Daily (Hong Kong) - - COVER STORY -

Dur­ing Colom­bian Pres­i­dent Juan Manuel San­tos’ visit to China in 2012, both sides vowed to in­crease eco­nomic and cul­tural co­op­er­a­tion.

“The two economies are com­ple­men­tary, and trade will con­tinue to in­crease as the re­la­tion­ship con­tin­ues to deepen,” said Zhou Quan, the eco­nomic and com­mer­cial coun­selor at the Chi­nese Em­bassy in Bo­gota.

“We are do­ing a study on the fea­si­bil­ity of a free trade agree­ment be­tween China and Colom­bia, and the re­sults are pos­i­tive.”

Po­lit­i­cal sta­bil­ity, im­proved se­cu­rity, and pro-in­vest­ment poli­cies have cre­ated a new Colom­bia, trans­form­ing it into a hub for for­eign in­vest­ment.

Just this year, Stan­dard & Poor’s raised Colom­bia’s in­vest­ment grade from BBB- to BBB, while the coun­try’s in­ter­na­tional im­age has come a long way from its past as­so­ci­a­tion with drug traf­fick­ing and vi­o­lence.

“His­tory has helped to strengthen ties be­tween the two coun­tries,” said Daniela Sanchez, ex­ec­u­tive di­rec­tor of the Colom­bia-China Cham­ber of In­vest­ment and Com­merce.

“Events such as the 2010 Expo Shang­hai have been in­stru­men­tal in the pro­gres­sion of this re­la­tion­ship.”

“China is with­out a doubt a very im­por­tant mar­ket for us,” said Jairo Ruiz, tech­ni­cal con­sul­tant for ACIPET, Colom­bia’s As­so­ci­a­tion of Pe­tro­leum Engi­neers. “We are ex­cited to in­crease the level of co­op­er­a­tion be­tween both coun­tries.”

He said China’s de­mand for en­ergy, min­ing and pe­tro­leum prod­ucts makes it an ideal com­ple­ment and part­ner for Colom­bia. World Eye Re­ports pro­vided the story

Daniela Sanchez, Ex­ec­u­tive Di­rec­tor of the Colom­bi­aChina Cham­ber of In­vest­ment and Com­merce

Her­nando Cháves, Pres­i­dent of ACIPET

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