OF ROSES, COCA AND ELECTIONS IN COLOMBIA
On Sunday we had the first round of presidential elections in Colombia, our important neighbor, especially in the Amazon, in which the ultra-right candidate Espriella won, to everyone's surprise, against the left-wing government candidate, Cepeda. A young lawyer, new to politics, son of the Colombian elite, versus an experienced politician, of a communist leader father, graduated in Cuba and Bulgaria. It couldn't be more black and red. The second round will be on the 21st, when extreme forces and center unite, it will define much more than the election in Colombia.
This election is very important for Brazil, not only from the point of view of political comparison, left in the government against right, but also from the point of view of security and economy. Winning the right, Lula, with the defeat of the candidate of the current president Petro, loses the last ally in Latin America. Colombia, regardless of being a major exporter of flowers and coffee, and now of gold and coal, remains above all the world's largest producer of cocaine, with its 258,000 hectares of plantations, a production of 2600 tons per year (UN data). And then one of the corridors of the flow is via the Brazilian Amazon, dominated by factions now called terrorists by the US. Espriella, who based his campaign on the issue of security and with open support from the US, and mentioning the president of El Salvador as an example to follow, will not be an ally of a left-wing government in Brazil, but if the right wins in Brazil, then we will probably have an Amazonian space in an alliance of the three countries very different from today.
The economic relationship between Brazil and Colombia, which imports more than two billion dollars a year from Brazil in machinery and equipment, is important to us. Colombia has a deficit in the trade balance of 16.3 billion, which is covered with emigrant remittances. In the last two years, more than 1.3 million Colombians have left the country, unemployment is 8.78%, inflation is 5.68 and interest rates, 11.25% with GDP growth forecast of 2.3%.
With all this complex situation, especially ten years after the peace referendum, the result of an agreement between guerrillas and the government, Colombia has transformed the city of Medellin into an example of security and development. ECOPETROL, a state-owned oil company, is investing in Brazil. And you only buy Colombian rose to honor your loves. And one of the most important and successful bankers in the world, based in Brazil, is Colombian and the bank is NUBANK. So, global politics and the change in the Latin American scenario are one thing, but let's not forget the flowers.
