Colombia and Venezuela: Reopening the border will reactivate the economies

According to estimates of the Venezuelan-Colombian Chamber of Economic Integration (Cavecol), with the opening, which is expected after August 7 -the date Petro will take office- the commercial exchange will reach US$1.2 billion this year.

RIO DE JANEIRO, BRAZIL - After seven years of closure, the reopening of the border between Venezuela and Colombia, announced by the elected president of the Andean country, Gustavo Petro, raises the expectations of business people to increase by more than 300% the formal exchange of products from next month.

According to estimates of the

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