Petro Government analyzes making Colombia a 'full partner' of Mercosur amid trade crisis with Ecuador
Additionally, President Petro asks for Colombia to withdraw from the Andean Community of Nations (CAN). Photo:
TL;DR
- President Petro wants Colombia to fully join Mercosur and possibly leave the Andean Community (CAN).
- Ecuador imposed a 100% tariff on Colombian products, citing the need for additional funds for border security.
- Colombia retaliated with a 50% tariff on Ecuadorian imports and stopped selling energy to Ecuador.
- The trade dispute has negatively impacted bilateral relations, trade, and energy cooperation.
- Diplomatic tensions have increased, including President Petro's call for the release of former Ecuadorian Vice President Jorge Glas.