Colombia Economy

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Colombia and Aris Mining reach agreement ending Ciadi arbitration

Colombia has resolved a seven-year legal dispute with Aris Mining through a negotiated agreement that avoids a potential US$380 million penalty. This deal, the first of its kind at the award stage, ends the international arbitration started in 2018 under the Canada-Colombia FTA. The National Agency for Legal Defense of the State, Andje, led talks promoting responsible mining practices and sustainable development.

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