THREAD: Though #Colombia🇨🇴faces a migration crisis, ongoing criminal activities, and a shared border with the dictator Nicolás Maduro, the future looks bright, and the US-Colombia partnership is full of untapped potential.
In 2019, @AtlanticCouncil's #US-#Colombia Task Force released a report highlighting key areas of cooperation on counternarcotics efforts that would cripple guerrilla and #narco financing, enhance security, and improve rural livelihoods #ACColombia: bit.ly/365gEV3
Key recommendations and findings from the report 👇
📣Call on US Congress to offer resources needed to maintain the 2016 #Colombia peace agreement with #FARC. Sustained peace in rural areas will be critical for lifting those regions out of poverty.
🏡27% of rural households are impoverished in #Colombia, 57% in areas where #coca production is prevalent. Poverty fuels the drug trade and hands bad actors power; undermining one will cripple the other.
🌱60% of #coca production is concentrated in just three Colombian departments, and 44% within just 10 municipalities. Holistic intervention should be targeted to these regions to produce the biggest bang for the US buck. But how are we going to do it?
⚖The international community should provide more funding and technical assistance to formalize property rights, secure public goods, and support viable projects for economic/institutional development. Solutions will have to be driven by the market.
💰Shore up funding & governance for #PNIS, a program providing families w/monthly paychecks & technical assistance to substitute their coca w/legal crops. Of the 99k families that opted-in, 94% cut their coca. But late payments makes harder for families to buy-in.
🏛The #UnitedStates and #Colombia governments should work together to train local and nonlocal public to better serve rural municipalities and the counternarcotics projects.
🤝Find and foster partnerships between US and Colombia's private sectors; private buy-in will go a long way to promote market-driven development projects.
"Our intention [with this new report] is to provide some ideas on how to sustain reactivation of Central America in a #COVID19 world," said Former Costa Rican President and @ACLatAm advisory council member @Laura_Ch. #ACCentralAmerica
Economic slowdown, informality, low coverage/quality of education, high poverty, high levels of violence, migration flows, dysfunctional states and disenchantment with democracy have created a "volatile combination of challenges." -Fmr Costa Rican Pres @Laura_Ch#ACCentralAmerica
“Venezuela's democratic leaders continue to work against political persecution to restore democracy in Venezuela.” @AtlanticCouncil President and CEO @FredKempe opens today's conversation with @jguaido, @JulioBorges, and policymakers from the US, Europe, and beyond. #LACatUNGA
“This is a critical moment for Venezuela. We are experiencing a serious emergency because of the pandemic, aggravated by persecution and crimes against humanity committed by the #Maduro regime,” said Venezuelan Interim President @jguaido. #LACatUNGA
"During these challenging times, the role of institutions like @the_IDB and of leaders like @MorenoBID committed to the hemisphere's prosperity are essential." - @ACLatAm founder @adriennearsht opens today's conversation with President Luis Alberto Moreno #ACFrontPage
"What you find in Latin America is the number of #COVID19 cases are still growing,” said @the_IDB President @MorenoBID. "Equally, we have found a combination of pre-existing economic and political conditions." #ACFrontPage
"When we look at this region, there is so much promise and so much potential. What we all share is a democratic neighborhood," said @Southcom Commander Admiral Craig Faller. "All that is under assault." #ACVenezuela
“We made a massive effort, which shows our full commitment to a consensual deal,” said Argentine Minister of @Economia_Ar@Martin_M_Guzman on recent debt negotiations. "Initially, there was a positive reception to the offer we made." @ACGlobalEcon@ARGinUSA#ACArgentina
“There were a number of aspects within the negotiations, including economic and legal aspects,” said @Martin_M_Guzman. "Economically, there has been a massive effort on Argentina's side. We don't want to promise something we can't fulfill." @ACGlobalEcon@ARGinUSA#ACArgentina
“What led us to this debt negotiation is the lack of a comprehensive macroeconomic program that will put in place reforms that will promote sustainable, permanent, and consistent growth,” said @martinredrado, former president of @BancoCentral_AR. #ACArgentina
In negotiating the debt restructure before establishing a macroeconomic program, the Argentine government "put the cart before the horse," leading to a debt sustainability analysis that shifted due to #COVID19. -@martinredrado, former president of @BancoCentral_AR#ACArgentina