Colombia Bans Coal Exports to Israel
Colombia Bans Coal Exports to Israel

Colombia Bans Coal Exports to Israel

News summary

Colombian President Gustavo Petro has officially signed a decree banning coal exports to Israel, citing opposition to the ongoing conflict in Gaza. This decree, dated August 14, 2024, follows Petro's announcement in June that Colombia would halt coal exports until violence in Gaza ceases. The Colombian government aims to pressure Israel, led by Prime Minister Benjamin Netanyahu, to change its conduct, with Petro stating that Colombian coal contributes to violence against Palestinians. The ban has raised concerns within Colombia's business sector, as it may violate existing free trade agreements with Israel. Additionally, Petro cut diplomatic ties with Israel in May, reflecting Colombia's strong stance against the actions in Gaza. The decree is set to take effect five days after its publication in the official gazette.

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