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Tuesday, August 18, 2026

Business Colombia

Colombia Draft Decree Proposes to End Israel Coal Export Ban

By · August 18, 2026 · 6 min read

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Colombia · Trade

Key Facts

  • Draft only The Ministry of Commerce, Industry and Tourism (MinCIT) published a draft decree on 11 August 2026 for public comment. The comment period runs from 11 to 15 August 2026. A final decree has not been confirmed in the Diario Oficial.
  • Repeal plan The draft would fully repeal Decreto 1047 of 14 August 2024 and Decreto 0949 of 2025. It would restore the general export regime for thermal coal under tariff heading 2701.12.00.10 with no country restrictions.
  • Original ban Decreto 1047 of 2024, under former President Gustavo Petro, prohibited thermal coal exports to Israel with exceptions for existing shipments. Decreto 0949 of August 2025 made the ban absolute by removing those exceptions.
  • Trade minister The draft was published by MinCIT, led by Minister Mauricio Gomez Amin. The final decree would normally be signed by President Abelardo De la Espriella and the minister, but the official text is not yet public.
  • Policy shift President De la Espriella, who took office in August 2026, has restored full diplomatic ties with Israel and recognized Israeli sovereignty over the Golan Heights on 10 August 2026. The draft decree is part of this broader foreign policy change.
  • How much is at stake Israel bought about 5% of Colombia’s total coal exports in 2023, the year before the ban. That is a real but modest slice of the trade.

Colombia has published a draft decree that would lift the ban on thermal coal exports to Israel, but nothing is final yet.

Colombia’s trade ministry has published a draft decree to end the ban on thermal coal exports to Israel. The proposal is open for public comment until 15 August 2026, but no final decree has been signed or published in the Diario Oficial, Colombia’s official gazette.

A haul truck tipping thermal coal at a Colombian mine, illustrating the Israel coal export ban
Thermal coal from heading 2701.12.00.10 is the grade the ban covers. (Photo: Internet Reproduction)
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What the draft decree would do

The draft decree from MinCIT would repeal two earlier decrees that banned thermal coal exports to Israel. It would restore the general export regime for coal classified under tariff heading 2701.12.00.10, removing the country-specific prohibition.

This means Colombian coal exporters could sell to Israel again without special permission.

The draft was published in an extraordinary bulletin of the Commercial Policy and Defense Unit on 11 August 2026. The comment period runs from 11 to 15 August 2026.

After that, the government could issue a final decree, but no such document has been confirmed yet.

If approved, the decree would take effect upon publication in the Diario Oficial, citing an exception for measures favorable to citizens under Law 1609 of 2013. However, the final decree’s number and date are not yet public.

This is a proposed change, not a done deal.

The original ban and its tightening

The ban started with Decreto 1047 of 14 August 2024 under Gustavo Petro, who was president at the time. It prohibited thermal coal exports to Israel but allowed exceptions for shipments already authorized, supplier certificates, and perfected legal transactions.

A mechanism existed to accredit consolidated legal situations.

What the coal trade to Israel looks like

Exact official figures for coal exports to Israel are not available in public sources. A regional analysis estimated Colombia exported about 4.17 million tonnes of thermal coal to Israel in 2023, covering roughly half or more of Israel’s coal import needs.

This is a journalistic estimate, not a certified official figure.

A Colombian economic outlet reported that DANE showed exports to Israel of US$31.3 million FOB as of May 2026, but this covers all goods, not just coal. It is unclear if this includes residual exports allowed under the previous exceptions.

No official series by tariff subheading and destination Israel is public.

Why this matters for Latin America

If you live or invest in Latin America, this draft decree is a sign of how foreign policy shifts can ripple through trade. Colombia is one of the region’s top coal exporters, and its ability to sell to Israel affects global coal prices and shipping routes.

A restored export market could mean more revenue for Colombian miners and their suppliers, from ports to logistics firms.

If the final decree is issued, it could boost Colombia’s trade balance, which matters for the peso and for regional supply chains.

The flip side is the political risk: the change is still a draft, and the comment period could attract opposition. Other Latin American countries with strong coal sectors, like Peru or Brazil, are watching to see if Colombia’s shift shows a broader realignment.

For now, the move is only a proposal, so treat it as a possibility, not a certainty.

Industry reactions and what happens next

He also said production could increase to meet international demand.

No official statement from Glencore or Cerrejon specifically about this draft decree has been found. These companies are major coal exporters, but their reactions are not documented.

The draft is still in comment phase; the final decree must be verified in the Diario Oficial.

The larger context is a foreign policy shift. President De la Espriella has restored full diplomatic ties with Israel and recognized Israeli sovereignty over the Golan Heights.

The draft decree fits this new direction, which also includes closer security and trade cooperation, and discussions about moving Colombia’s embassy to Jerusalem.

What is still unknown

The exact number and date of the final decree are not public. The draft decree’s text is available for comment, but the official issued document has not been confirmed in the Diario Oficial or on MinCIT’s website.

The signatories of the final decree are also unconfirmed. Institutional practice suggests it would be signed by the president and the trade minister, but this is an inference, not a documented fact.

Anyone needing precise data must consult DANE, DIAN, or the central bank’s databases directly.

Frequently Asked Questions

Has Colombia already lifted the coal export ban to Israel?

No. The trade ministry has only published a draft decree for public comment. The comment period runs from 11 to 15 August 2026, and no final decree has been confirmed in the Diario Oficial.

What would the draft decree change?

It would repeal Decreto 1047 of 2024 and Decreto 0949 of 2025, restoring the general export regime for thermal coal under tariff heading 2701.12.00.10 with no country restrictions. That would end the ban on sales to Israel.

Why is the government considering this change?

President Abelardo De la Espriella has shifted foreign policy, restoring diplomatic ties with Israel and recognizing Israeli sovereignty over the Golan Heights. The draft decree is part of this new direction, favoring security and trade cooperation with Israel.

Sources: infobae.com; valoraanalitik.com; eltiempo.com; msn.com; araujoibarra.com

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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