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Andean Group - August 2022

Introduction
We kick off this August 2022 edition of the Latin American Regional Report: Andean Group in Colombia, which is set for major change following Gustavo Petro’s inauguration on 7 August.... Read More
Colombia
Colombia is set for major change following Gustavo Petro’s inauguration on 7 August.... Read More
With the election of Gustavo Petro as Colombia’s president on 19 June, shivers ran down the spine of many an investor.... Read More
Bolivia
Bolivia’s former president Jeanine Áñez (2019-2020) was sentenced to 10 years in prison on 11 June, in a verdict that once again opened deep divisions over her self-proclamation as interim president in November 2019.... Read More
In early July, Bolivia’s left-wing Movimiento al Socialismo (MAS) government announced that it will invest B$62.3m (US$9.07m) in the creation of a state-run company to process coca leaves on an industrial scale.... Read More
Venezuela
Following a summit held in Suriname from 3-5 July, the Caribbean Community (Caricom) released a statement calling for the lifting of sanctions on Venezuela to enable the resumption of the PetroCaribe oil initiative, through which Caricom members had previously received Venezuelan oil at discounted prices.... Read More
Ecuador
Between 1 June and 15 July, Ecuador’s country risk (used as an indicator for debt default risk) doubled, soaring from 796 to 1,600 points.... Read More
Highlights
PERU | Interest rate hike.... Read More

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