Economy

Government has offers to sell 1.7 million hectares for reform – Sectors – Economy

Government has offers to sell 1.7 million hectares for reform – Sectors – Economy

The Minister of Agriculture, Cecilia López, reported yesterday on the progress to be able to implement the agrarian reform in Colombia and said that sales proposals have already been received. of 1.7 million extensions, corresponding to 3,420 properties offered. Of that total, there are 420 that come from producers affiliated with the National Federation of Cattlemen (Fedegán). These complete a total of 284,000 hectares. As recalled, the reform process had a boost after the Government reached an agreement with the union led by José Félix Lafaurie to buy three million hectares from the livestock sector.For example, in the Caribbean region…
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Agrarian reform: land sale offers received by the government – Sectors – Economy

Agrarian reform: land sale offers received by the government – Sectors – Economy

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Ecopetrol: Oil royalties and taxes will continue to be needed – Companies – Economy

Ecopetrol: Oil royalties and taxes will continue to be needed – Companies – Economy

During his participation in the World Economic Forum that takes place in Davos, Switzerland, the president of Ecopetrol, Felipe Bayón, highlighted the importance of continuing to have oil while Colombia advances in the energy transition.“Ecopetrol could be 10 percent of Colombia's budget. The country still needs the funds through dividends, royalties and taxesat the same time that we are leaders and we lead the transition not only in Colombia but also in the region”, he assured.(Also read: Colombia will not sign more oil and gas exploration contracts) The president of the oil company also stated that Colombians are going to…
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They reject integration of Avianca and Viva air on nullity to integrate – Companies – Economy

They reject integration of Avianca and Viva air on nullity to integrate – Companies – Economy

After Aerocivil annulled the first refusal that it gave to the business integration request that it requested from Avianca and Viva Air, due to "a substantial irregularity in the administrative action process," the low-cost airline assured that this decision leaves a light of hope for its permanence in the market.In addition, Viva Air reiterated that this operation is the "unique option to obtain financing capital that allows it to continue its operation and provision of the essential public service".(Also read: They confirm the nullity of the integration process between Avianca and Viva: What's next?) "The detailed review of the resolution…
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