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Relations between Latvia and the Republic of Colombia [05 Oct 2007]
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History of diplomatic relations

On 8 July 1922, the Republic of Colombia recognised Latvia's independence and on 6 September 1991 - the restoration of Latvia's statehood. Colombia never recognised the incorporation of Latvia into the then USSR in 1940.

Diplomatic relations between the two countries were established on 19 July 1995.

On 30 September 2003, Ms Dory Sanchez de Wetzel (resident in Warsaw) was accredited as the first Ambassador of Colombia to Latvia until 3 August 2006. From 4 September 2007 Jorge Alberto Barrantes Ulloa was accredited as the Ambassador of Colombia to Latvia (resident in Warsaw).

On 7 July 2005, the Honorary Consulate of the Republic of Colombia was opened in Riga. Mr Roberts Binde was accredited as the Honorary Consul of Colombia to Latvia.

On 31 January-1 February 2006, Carolina Barco, the Foreign Minister of Colombia, made an official visit to Latvia. The official delegation accompanying the Minister included Dory Sanchez de Wetzel, Ambassador of the Republic of Colombia to Latvia, Jose Renato Salazar, Director of European Affairs of the Colombian Foreign Ministry, and Roberts Binde, Honorary Consul of Colombia to Latvia. This was the first high-level meeting with an official of the Colombian government in the history of Latvia.


Economic cooperation

Trade (according to data of the Central Statistical Bureau of Latvia)


January - December 2006

  • Exports

1. Lithuania - 788,418,743 USD or 14.11 % of total exports from Latvia

2. Estonia - 677,475,768 USD or 12.2 %

3. Germany - 562,635,155 USD or 10.07 %

4. Russia - 523,368,676 USD or 9.37 %

5. United Kingdom - 443,333,400 USD or 7.93 %

...

69. Colombia - 1,752,795 USD or 0.03 %

  • Imports

1. Germany - 1,609,581,384 USD or 15.02 % of total imports to Latvia

2. Lithuania - 1,373,000,060 USD or 12.81 %

3. Russia - 891,580,050 USD or 8.32  %

4. Estonia - 810,199,559 USD or 7.56 %

5. Poland - 751,076,957 USD or 7.01 %

...

65. Colombia - 1,559,981 USD or 0.01 %

In 2006, Latvia had a positive trade balance with Colombia to the amount of USD 92,814.


Main export commodities to Colombia by type of commodity in 2006

Type of commodity

Million USD

Percentage of total exports

Total

1.753

100 %

Machinery and equipment; electrical appliances

- transmission apparatus - 98 %

1.31

98.77 %


Main import commodities from Colombia by type of commodity in 2006

Type of commodity

Million USD

Percentage of total imports

Total

1.560

100 %

Plant products

 - flowers - 94 %

1.135

72.76 %

Prepared foodstuffs

 - sugars and sugar confectionery - 100%

0.347

22.26 %


Trade dynamics between Latvia and Colombia from 1998 to 2006, USD

Year

Exports

Imports

1998

6,555

95,902

1999

55,264

32,708

2000

-

23,006

2001

9,550

110,393

2002

4,684

138,928

2003

1,057,873

271,503

2004

2,062,123

170,907

2005

2,450,409

508,177

2006

1,752,795

1,559,981


Investment

As of 6 August 2007, one Colombian-Latvian joint venture was listed with the Register of Enterprises of the Republic of Latvia. Colombia had made an investment of LVL 2000 in the equity of Latvian-registered enterprises.[1]


Legal base

On 1 February 2006, the Ministries of Foreign Affairs of both countries signed a Memorandum of Understanding with regard to the establishment of a consultation mechanism in the issues of mutual interest.


Facts and Figures 

Land area

1.14 million sq km

Population

44.2 million (2003, the third largest state in Latin America)

Capital

Bogotá

State language

Spanish

Religion

Catholic (91%)

State system

Democratic Republic, independent since 1810

National holidays

20 July, Independence Day

Official currency

Colombian Peso



Contacts:

Embassy of the Republic of Colombia 

http://www.mfa.gov.lv/en/ministry/mission/?lv=2&org=COL


Honorary Consulate of the Republic of Colombia in Latvia

Roberts Binde

Address: Mārupes iela 4, LV-1002, Riga, LATVIA

Tel./Fax (371) 7325623

e-mail: colombianconsulate@inbox.lv

 

Honorary Consulate of Latvia in the Republic of Colombia

Marta Arango

Calle 140 A, No 7-45 (T4 Apt.701), Bogota, COLOMBIA

Tel: (571) 6266748

e-mail: consuladoletonia@gmail.com



[1] According to data of the Register of Enterprises of Latvia from Lursoft

K.Valdemara street 3 +371 67016201