US, Colombia to bring US$5 billion in investment to rural areas

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The United States and Colombia will work together to bring new investment to rural areas of the South American country, officials said on Monday, ...

The United States and Colombia will work together to bring new investment to rural areas of the South American country, officials said on Monday, as Colombia's president reiterated support for the U.S. candidate to lead the Inter-American Development Bank.18 Aug 2020 07:35AMBOGOTA: The United States and Colombia will work together to bring new investment to rural areas of the South American country, officials said on Monday, as Colombia's president reiterated support for the U.S.

Colombia will be part of a pilot program meant to incentivize near-shoring of U.S. businesses, part of a larger U.S. strategy announced on Monday. Duque repeated Colombia's support for Claver-Carone in his bid to lead the Inter-American Development Bank , which is set to choose a new head next month.Several Latin American countries have called for a vote delay, citing concerns over having an IDB leader from outside the region.

 

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