Venezuelan President Nicolas Maduro announced that his country will propose to Colombia to create a joint economic zone on the border of the two countries.

He considered at a meeting of the National Economic Council that “it will be possible to expand this project to include the Venezuelan provinces of Amazonas, Apure and Zulia”, stressing that “Venezuela is preparing to reopen the border with Colombia and resume trade relations with it”, urging exporters to Venezuela to prepare “proposals to be shown in Colombia.

It is noteworthy that Venezuela and Colombia began to restore relations between themselves after Gustavo Petro came to power in Colombia on August 7, who became the first left-wing president in the history of Colombia. Upon taking office, Maduro announced his readiness to normalize relations with Colombia, knowing that the two countries severed diplomatic relations in February 2019 after the former Colombian government recognized Venezuelan opposition leader Juan Guaidó as the “interim president” of Venezuela.