Britain and Colombia Announce New Oil and Gas Partnership
Britain and Colombia announced a new oil and gas partnership Wednesday during the state visit to the U.K. by President Juan Manuel Santos, as Prime Minister Theresa May hailed “one of Britain’s most important partners in Latin America.”
Colombia’s President Juan Manuel Santos received the Nobel Peace Prize last month for his efforts to end Colombia’s civil war. Today he met Britains Prime Minister Theresa May at 10 Downing St. on the second day of his three-day state visit to Britain.
This visit marks the first U.K. state visit by a Colombian leader, and the occasion is being used by U.K. officials to highlight Britain’s international focus as it prepares to leave the European Union after the British people voted out earlier this year.
May said she was “determined that Britain should become the global champion of free trade, and that means boosting trade with fast-growing economies like Colombia.”
The energy deal announced Wednesday will see the two countries share information in areas such as regulation, supply-chain development and training.
May also announced a tax agreement with Colombia and 1 billion pounds ($1.2 billion) in export financing to encourage investment in rural health care and renewable energy projects.
On Tuesday, Santos and his wife Maria Clemencia Rodriguez de Santos dined on Dover sole and pot-roasted pheasant at a Buckingham Palace banquet hosted by Queen Elizabeth II.
On Thursday Santos will visit Northern Ireland, Ireland, where a decades-long civil conflict was ended through political negotiation in the 1990s.
Santos won the Nobel Prize for striking a deal with Colombia’s main rebel group to end Colombia’s long civil war, which has killed more than 200,000 people. But the peace pact with the Revolutionary Armed Forces of Colombia was narrowly rejected by voters.
May said Britain would support Colombia in its efforts to “secure a final and lasting peace agreement.”
Source: Penn Energy
