Trade with Venezuela targets US$1.6 billion after opening of new office in Colombian Caribbean
Caribbean Office Opening will be on April 28 in Santa Marta Photo: Courtesy Port Society of Santa Marta
TL;DR
- The Colombian-Venezuelan Chamber opened its Regional Caribbean Office in Santa Marta on April 28.
- The goal is to strengthen binational trade, aiming for US$1.6 billion this year.
- The office is strategically located in the Zona Franca las Américas to facilitate business, investment, and value chains.
- Venezuela's economic recovery and renewed business interest are key drivers for this initiative.
- The Colombian Caribbean, particularly Santa Marta, is positioned as a strategic hub for economic integration.
- Exports to Venezuela from the Colombian Caribbean region represented 23% of bilateral trade in 2025.
- An Agreement for the Promotion and Reciprocal Protection of Investments is now in effect to ensure legal stability for investors.