IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.07▼ 0.34% USD/MXN17.39▼ 0.21% USD/CLP930.89▼ 0.39% USD/COP3,243▼ 0.78% USD/PEN3.39▲ 0.10% USD/ARS1,479▼ 0.17% USD/UYU40.19▲ 1.43% USD/PYG6,031▼ 0.03% USD/BOB10.75▲ 2.22% USD/DOP58.25▲ 0.71% USD/CRC447.35▲ 1.43% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.08% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.12% BRENT 91.24 ▲ 2.26% WTI 84.53 ▲ 1.56% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.70% GOLD 4,062 ▲ 1.28% SILVER 59.12 ▲ 4.08% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 327.05 ▼ 2.20% SUGAR 14.82 — 0.00% ORANGE JUICE 145.40 ▼ 1.36% COTTON 79.51 ▲ 2.77% COCOA 5,679 ▲ 2.88% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.22 ▲ 0.17% VALE3 72.46 ▲ 0.74% ITUB4 42.38 ▲ 0.19% BBDC4 18.37 ▼ 0.22% ABEV3 15.76 ▼ 0.19% BBAS3 20.14 ▼ 0.15% B3SA3 15.18 ▼ 0.52% WEGE3 42.96 ▼ 0.39% PRIO3 58.48 ▲ 1.37% SUZB3 41.82 ▼ 0.17% RENT3 37.42 ▼ 0.19% AZZA3 18.17 — 0.00% CSAN3 3.81 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.60 — 0.00% GMAT3 3.84 ▼ 0.26% PSSA3 54.08 ▼ 0.22% CVCB3 1.07 ▼ 0.93% POSI3 3.68 ▼ 0.54% SLCE3 13.60 ▲ 0.22% NATU3 8.60 ▼ 0.35% BRKM5 6.00 ▲ 1.01% RANI3 7.95 ▼ 0.50% CSNA3 5.08 ▲ 0.20% CMIN3 5.33 ▼ 1.11% USIM5 8.18 ▲ 0.25% GGBR4 23.58 ▼ 0.17% ENEV3 25.58 ▼ 0.27% CPFE3 46.27 ▼ 0.11% CMIG4 11.03 ▲ 0.09% EQTL3 39.21 ▼ 0.20% LREN3 13.30 ▼ 0.08% VIVT3 35.76 ▲ 0.25% RAIL3 13.53 ▼ 0.29% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.73 ▲ 0.21% RDOR3 35.10 ▼ 0.99% HAPV3 11.55 ▲ 1.49% FLRY3 16.54 ▼ 0.12% SMTO3 15.41 — 0.00% UGPA3 31.48 ▼ 0.69% VBBR3 34.03 ▼ 0.23% BBSE3 41.07 ▲ 0.05% BPAC11 55.84 ▼ 0.61% CURY3 30.18 ▼ 0.03% AERI3 2.08 ▲ 0.48% VIVARA 21.98 ▲ 0.09% COMPASS 24.84 ▲ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.07 ▲ 0.22% ASAI3 8.17 ▲ 0.37% SBSP3 28.93 ▼ 0.17% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,520 ▲ 1.98% ETH 1,938 ▲ 1.80% SOL 78.40 ▲ 0.78% XRP 1.14 ▲ 2.63% BNB 576.47 ▲ 1.01% ADA 0.18 ▲ 3.31% DOGE 0.07 ▲ 1.66% AVAX 6.65 ▲ 1.12% LINK 8.71 ▲ 1.52% DOT 0.86 ▲ 3.86% LTC 47.65 ▲ 0.66% BCH 225.28 ▲ 2.44% TRX 0.33 ▲ 0.52% XLM 0.19 ▲ 3.48% HBAR 0.07 ▲ 2.78% NEAR 1.99 ▲ 0.58% ATOM 1.50 ▲ 0.33% AAVE 94.40 ▲ 5.15% SELIC 14.25% EMBRAER 83.73 ▲ 0.53% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 61.13 ▲ 0.56% MBRF3 14.53 ▲ 0.07% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR16.46▼ 0.41% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.79▲ 0.18% USD/CNY6.75▼ 0.19% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD1.14▲ 0.02% GBP/USD1.34▼ 0.44% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD1.41▲ 0.11% US10Y 4.6080 ▲ 0.22% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.07 ▼ 0.34% USD/MXN 17.39 ▼ 0.21% USD/CLP 930.89 ▼ 0.39% USD/COP 3,243 ▼ 0.78% USD/PEN 3.39 ▲ 0.10% USD/ARS 1,479 ▼ 0.17% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▲ 1.52% USD/BOB 10.75 ▲ 2.22% USD/DOP 58.25 ▲ 0.71% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.12% BRENT 91.24 ▲ 2.26% WTI 84.53 ▲ 1.56% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.70% GOLD 4,062 ▲ 1.28% SILVER 59.12 ▲ 4.08% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 327.05 ▼ 2.20% SUGAR 14.82 — 0.00% ORANGE JUICE 145.40 ▼ 1.36% COTTON 79.51 ▲ 2.77% COCOA 5,679 ▲ 2.88% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.22 ▲ 0.17% VALE3 72.46 ▲ 0.74% ITUB4 42.38 ▲ 0.19% BBDC4 18.37 ▼ 0.22% ABEV3 15.76 ▼ 0.19% BBAS3 20.14 ▼ 0.15% B3SA3 15.18 ▼ 0.52% WEGE3 42.96 ▼ 0.39% PRIO3 58.48 ▲ 1.37% SUZB3 41.82 ▼ 0.17% RENT3 37.42 ▼ 0.19% AZZA3 18.17 — 0.00% CSAN3 3.81 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.60 — 0.00% GMAT3 3.84 ▼ 0.26% PSSA3 54.08 ▼ 0.22% CVCB3 1.07 ▼ 0.93% POSI3 3.68 ▼ 0.54% SLCE3 13.60 ▲ 0.22% NATU3 8.60 ▼ 0.35% BRKM5 6.00 ▲ 1.01% RANI3 7.95 ▼ 0.50% CSNA3 5.08 ▲ 0.20% CMIN3 5.33 ▼ 1.11% USIM5 8.18 ▲ 0.25% GGBR4 23.58 ▼ 0.17% ENEV3 25.58 ▼ 0.27% CPFE3 46.27 ▼ 0.11% CMIG4 11.03 ▲ 0.09% EQTL3 39.21 ▼ 0.20% LREN3 13.30 ▼ 0.08% VIVT3 35.76 ▲ 0.25% RAIL3 13.53 ▼ 0.29% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.73 ▲ 0.21% RDOR3 35.10 ▼ 0.99% HAPV3 11.55 ▲ 1.49% FLRY3 16.54 ▼ 0.12% SMTO3 15.41 — 0.00% UGPA3 31.48 ▼ 0.69% VBBR3 34.03 ▼ 0.23% BBSE3 41.07 ▲ 0.05% BPAC11 55.84 ▼ 0.61% CURY3 30.18 ▼ 0.03% AERI3 2.08 ▲ 0.48% VIVARA 21.98 ▲ 0.09% COMPASS 24.84 ▲ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.07 ▲ 0.22% ASAI3 8.17 ▲ 0.37% SBSP3 28.93 ▼ 0.17% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,520 ▲ 1.98% ETH 1,938 ▲ 1.80% SOL 78.40 ▲ 0.78% XRP 1.14 ▲ 2.63% BNB 576.47 ▲ 1.01% ADA 0.18 ▲ 3.31% DOGE 0.07 ▲ 1.66% AVAX 6.65 ▲ 1.12% LINK 8.71 ▲ 1.52% DOT 0.86 ▲ 3.86% LTC 47.65 ▲ 0.66% BCH 225.28 ▲ 2.44% TRX 0.33 ▲ 0.52% XLM 0.19 ▲ 3.48% HBAR 0.07 ▲ 2.78% NEAR 1.99 ▲ 0.58% ATOM 1.50 ▲ 0.33% AAVE 94.40 ▲ 5.15% SELIC 14.25% EMBRAER 83.73 ▲ 0.53% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 61.13 ▲ 0.56% MBRF3 14.53 ▲ 0.07% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR 16.44 ▼ 0.31% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 162.73 ▲ 0.17% USD/CNY 6.7540 ▼ 0.05% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD 1.1421 ▲ 0.06% GBP/USD 1.3390 ▼ 0.27% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD 1.4075 ▼ 0.02% US10Y 4.6080 ▲ 0.22%
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Tuesday, July 21, 2026

Colombia’s Path to Peace: Negotiating with the Gulf Clan

By · March 22, 2024 · 2 min read

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Colombia’s President Gustavo Petro has made a striking proposal to the Gulf Clan, urging this notorious drug cartel to negotiate.

In Antioquia’s Apartadó, he suggested a shift from illegal operations towards regional prosperity, allowing the gang to enter the region’s establishment.

This marks a pivotal step towards peace, inviting a group linked to paramilitarism into dialogue.

The Gulf Clan responded positively, showing a preference for political dialogue over surrender.

This interaction reveals the government’s effort to include various illegal factions in its peace initiative.

Previously, Petro had indicated the possibility of military action against the Clan, known for a significant share of the country’s drug trade and various crimes.

Colombia's Path to Peace: Negotiating with the Gulf Clan
Colombia’s Path to Peace: Negotiating with the Gulf Clan. (Photo Internet reproduction)
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In February, the clan decried a governmental extermination policy. Integrating the Gulf Clan into peace talks is essential, as Petro believes it’s key to quelling violence across Colombia.

Think tanks have underscored the importance of dialogue with this group, which has grown from fewer than 4,000 to over 6,000 members recently.

Negotiating with this large armed force demands a balanced legal framework, as per the Ideas for Peace Foundation (FIP).

It must offer incentives for leaving crime behind while maintaining justice and public support.

The International Crisis Group’s Warning

The International Crisis Group(ICG) warns that excluding the Clan from peace talks could jeopardize negotiations with other groups.

The ICG stresses the complexity of disbanding the clan, necessitating new laws and incentives to ensure ex-combatants can transition away from crime.

This requires maintaining police and military pressure on the clan and encouraging them towards negotiation.

Analyst Jorge Mantilla points out that negotiations will largely involve the Prosecutor’s Office, focusing on judicial rather than political agreements.

These talks aim to provide judicial and economic benefits, along with security guarantees. Transforming territories and integrating the clan socially are also critical.

With peace talks with the Central General Staff facing hurdles, Petro’s government remains committed to resuming dialogue in April.

This concerted effort toward negotiation underscores the challenging yet crucial path to achieving peace in Colombia.

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