IBOV 171,133 ▼ 0.21% IPSA 10,923 ▲ 1.70% IPC MEX 67,955 ▲ 1.46% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 56,321.11 ▲ 7.67% USD/BRL 5.06 ▼ 0.07% USD/MXN 17.20 ▲ 0.04% USD/CLP 898.70 — 0.00% USD/COP 3,490 ▲ 0.00% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,429 ▼ 0.05% USD/UYU 40.54 — 0.00% USD/PYG 6,094 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP 58.58 ▼ 0.17% USD/CRC 451.82 — 0.00% USD/GTQ 7.61 ▲ 2.27% USD/HNL 26.65 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 585.94 ▼ 0.13% USD/PAB 1.00 ▲ 2.27% USD/BZD 2.00 ▲ 1.70% USD/JMD 157.59 ▲ 0.65% USD/TTD 6.76 ▲ 1.49% EUR/BRL 5.87 ▼ 0.09% BRENT 83.51 ▼ 4.37% WTI 80.73 ▼ 4.89% IRON ORE 161.91 — — COPPER 6.52 ▲ 1.38% GOLD 4,350 ▲ 3.20% SILVER 70.40 ▲ 3.74% SOY 1,110 ▼ 0.36% CORN 407.50 ▼ 1.27% WHEAT 573.75 ▼ 1.84% COFFEE 253.80 ▼ 0.06% SUGAR 14.12 ▲ 3.07% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.44 ▲ 4.80% COCOA 3,979 ▲ 7.25% BEEF 241.18 ▼ 4.10% CATTLE 357.43 ▼ 0.62% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 — 0.00% VALE3 79.17 — 0.00% ITUB4 40.60 — 0.00% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 — 0.00% PRIO3 61.34 — 0.00% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 — 0.00% GMAT3 3.96 — 0.00% PSSA3 50.49 — 0.00% CVCB3 1.39 ▲ 5.30% POSI3 3.64 — 0.00% SLCE3 14.25 — 0.00% NATU3 8.56 — 0.00% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 — 0.00% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 — 0.00% VIVT3 33.53 — 0.00% RAIL3 13.36 — 0.00% KLABIN 16.88 — 0.00% RAIA DROGASIL 17.46 — 0.00% RDOR3 34.08 — 0.00% HAPV3 11.40 — 0.00% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 — 0.00% UGPA3 24.80 — 0.00% VBBR3 29.15 — 0.00% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 — 0.00% COMPASS 25.29 — 0.00% VAMOS 3.03 ▲ 3.06% SANB11 27.13 — 0.00% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 — 0.00% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,750 — 0.00% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,570 ▼ 3.89% ECOPETROL 16.58 ▲ 1.97% BANCOLOMBIA 80.26 ▼ 0.71% GRUPO AVAL 5.55 ▲ 3.16% CREDICORP 369.55 ▲ 0.32% SOUTHERN COPPER 189.79 ▲ 4.19% BUENAVENTURA 33.42 ▲ 2.01% MERCADOLIBRE 1,590 ▼ 1.27% NUBANK 12.19 ▲ 0.83% XP 16.02 ▲ 2.36% PAGSEGURO 8.96 ▲ 0.22% STONE 11.26 ▲ 0.09% GLOBANT 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80.73 ▼ 4.89% IRON ORE 161.91 — — COPPER 6.52 ▲ 1.38% GOLD 4,350 ▲ 3.20% SILVER 70.40 ▲ 3.74% SOY 1,110 ▼ 0.36% CORN 407.50 ▼ 1.27% WHEAT 573.75 ▼ 1.84% COFFEE 253.80 ▼ 0.06% SUGAR 14.12 ▲ 3.07% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.44 ▲ 4.80% COCOA 3,979 ▲ 7.25% BEEF 241.18 ▼ 4.10% CATTLE 357.43 ▼ 0.62% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 — 0.00% VALE3 79.17 — 0.00% ITUB4 40.60 — 0.00% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 — 0.00% PRIO3 61.34 — 0.00% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 — 0.00% GMAT3 3.96 — 0.00% PSSA3 50.49 — 0.00% CVCB3 1.39 ▲ 5.30% POSI3 3.64 — 0.00% SLCE3 14.25 — 0.00% NATU3 8.56 — 0.00% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 — 0.00% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 — 0.00% VIVT3 33.53 — 0.00% RAIL3 13.36 — 0.00% KLABIN 16.88 — 0.00% RAIA DROGASIL 17.46 — 0.00% RDOR3 34.08 — 0.00% HAPV3 11.40 — 0.00% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 — 0.00% UGPA3 24.80 — 0.00% VBBR3 29.15 — 0.00% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 — 0.00% COMPASS 25.29 — 0.00% VAMOS 3.03 ▲ 3.06% SANB11 27.13 — 0.00% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 — 0.00% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% 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Latest News Venezuela Transformation

Colombia, Venezuela Sign Border Defense Pact

By · March 17, 2026 · 4 min read

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Key Points
Colombia and Venezuela have agreed to coordinated “mirror operations” along their 2,200-kilometre shared border — parallel but independent military deployments synchronised through intelligence sharing — in a pact Defense Minister Pedro Sánchez confirmed on March 16 as the most significant bilateral security arrangement between the two nations in years
The agreement arrives as Colombia’s Armed Forces report the neutralisation of over 1,590 members of illegal armed groups between February and March 2026, including three bombing campaigns against FARC dissident commander Iván Mordisco’s networks, the seizure of 55+ tonnes of cocaine, and the rescue of 50 minors from armed organisations
The Ministry of Defense has activated Rapid Deployment Force No. 10 with 1,200 troops in Guaviare, posted bounties of up to 900 million pesos per dissident commander, and launched a new bombing campaign in Arauca and Casanare — signalling the most sustained offensive against FARC splinter structures since the 2016 peace accords

Colombia and Venezuela have formalised a new Colombia Venezuela border defense arrangement that could reshape security dynamics along one of South America’s most volatile frontiers. Defense Minister Pedro Sánchez confirmed on March 16 that the two countries will conduct coordinated “mirror operations” — parallel military deployments executed independently by each nation but synchronised through intelligence sharing and real-time communication channels. The agreement explicitly avoids joint operations under a single command, preserving each country’s sovereignty while denying armed groups the cross-border sanctuary they have exploited for decades.

Colombia Venezuela Border Defense Pact Meets Massive Domestic Offensive

The border agreement lands alongside the most intensive domestic military campaign in years. General Hugo Alejandro López Barreto, commander of the Armed Forces, presented an operational balance covering February through mid-March 2026 that reflects a sharp escalation across every metric. The military neutralised over 1,590 members of illegal armed groups: 1,439 captures, 64 surrenders, 33 killed in combat operations, and four voluntary presentations. Forces recovered 2,668 explosive devices, 499 weapons, more than 63,000 rounds of ammunition, and nearly seven tonnes of bulk explosives.

Colombia, Venezuela Sign Border Defense Pact. (Photo Internet reproduction)
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The counter-narcotics results cut directly into the revenue streams sustaining the dissident structures. More than 55 tonnes of cocaine hydrochloride were seized and 280 processing laboratories destroyed. An additional 138 people were arrested in connection with illegal mining — another key financing mechanism. Among the most significant humanitarian outcomes was the rescue of 50 minors from the custody of armed groups, children whom General López described as victims of a war crime recruited by both the ELN and Mordisco’s factions.

Three Bombing Campaigns Dismantle Mordisco’s Command Chain

Three aerial bombardment operations have anchored the campaign. The first struck the Estructura Martín Villa in San José del Guaviare — part of Mordisco’s Bloque Amazonas — neutralising eight members and recovering 33 rifles, six machine guns, and approximately 30,000 rounds of ammunition. Two minors were rescued during that operation.

The second, conducted by the Comando Conjunto de Operaciones Especiales on March 9, hit the Estructura 18 in Ituango, Antioquia, over two days of sustained bombing. It killed alias Ramiro, the faction’s principal commander with 22 years in the armed structure, along with alias Richard, a key liaison connecting Mordisco’s Cauca networks to northern Antioquia. Seven members died in total. Within days, Ramiro’s hastily appointed replacement — alias Román or Tres Codos — was captured alongside four others in a follow-up ground operation in Ituango’s vereda Filadelfia, where two more recruited minors were recovered. Fourteen members of Structure 18 were neutralised in under a week.

The third campaign, conducted between March 13 and 15, targeted at least eight camps of the Frente 28 in Arauca and Casanare, pursuing alias Antonio Medina, the faction leader responsible for narcotrafficking routes and extortion networks across the eastern plains. Minister Sánchez confirmed the bombing but declined to release full results while operations continue.

Guaviare Surge and the Bounty Strategy

Sánchez travelled to San José del Guaviare on March 15 for a strategic security summit where he confirmed the deployment of Fuerza de Despliegue Rápido No. 10 — a 1,200-strong rapid reaction force now operational in the department under the Cuarta División. An additional 180 troops will arrive in April and 270 in June, alongside 60 new police officers and 20 specialised Gaula anti-extortion units. The Armada Nacional will establish a dedicated fluvial operations group for the region’s river corridors.

The ministry also approved a 37-billion-peso surveillance camera network covering three Guaviare municipalities and posted new bounties for Mordisco’s top lieutenants — up to 900 million pesos each for aliases Domingo Biohó, Ángel Montero, and several Calarcá-linked commanders. Sánchez’s ultimatum to the dissident leadership was direct: demobilise or face the full weight of the state. The minister noted that child recruitment in Guaviare has fallen 50 percent year-on-year, but warned that sustained operations are necessary to prevent backsliding.

What It Means

The simultaneous formalisation of border cooperation with Venezuela and the domestic escalation against Mordisco’s networks represent two arms of a single strategy: compressing the operational space available to armed groups from both sides. Eleven bombing operations have been launched against Mordisco’s structures since November 2025. The Guaviare rapid deployment force, the billion-peso bounties, and the mirror operations pact collectively mark the most sustained military pressure on FARC dissident structures since the 2016 peace accords created the conditions for their emergence.

Whether the border arrangement with Venezuela survives the political complexities of a post-Maduro Caracas, and whether Colombia’s operational tempo can be maintained through the second half of 2026 without producing a humanitarian backlash in the departments where the fighting is concentrated, will determine if this campaign marks a genuine turning point — or another intense but temporary cycle in the country’s protracted conflict.

This is part of The Rio Times’ daily coverage of Latin American news and Latin American financial news.

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