Venezuela and Colombia said Friday they will reopen their shared land border later this month and resume commercial flights after resuming diplomatic ties that were severed in 2019.
The countries resumed formal ties on August 29, led by Venezuela’s socialist President Nicolas Maduro and Colombia’s new left-wing leader Gustavo Petro.
Both divided ambassadors in each other’s countries and announced that they also wanted to restore military cooperation.
Venezuela severed ties with its neighbor in 2019 after Colombia under right-wing former President Ivan Duque — along with dozens of other countries — rejected Maduro’s re-election in 2018, instead recognizing opposition leader Juan Guaido as the legitimate leader.
Embassies and consulates in both countries have been closed and flights between the neighbors have been suspended.
An exodus of international airlines from Venezuela began back in 2014 when oil prices — then the source of 96 percent of foreign exchange — began to collapse, leading the government to find around $3.8 billion in airline debt, according to the International Air Transport Association (IATA).
In 2017, Avianca, which covered more than half of Caracas-Bogota flights, ceased operations to and from Venezuela.
The countries’ shared 2,000-kilometer land border – the scene of clashes between armed and criminal groups – was closed from 2019 and reopened in October last year, but only to pedestrians.
On Friday, Maduro tweeted that on September 26th “together we will open the borders between Venezuela and Colombia. We will also resume flights between Caracas-Bogota and Valencia-Bogota.”
Petro shared the same information on Twitter, adding: “We confirm the government’s commitment to restoring fraternal relations.”
Countries are hoping for a rebound in trade, which stood at $7.2 billion in 2008 but has since collapsed.