Chávez Threatens To Cut Commercial Ties With Colombia

Relations between Colombia and Venezuela have deteriorated after Colombian officials announced that members of the Colombian guerrilla group FARC were found with Swedish-made rocket launchers that had previously been sold to Venezuela. Venezuela's president, Hugo Chávez, has responded by freezing diplomatic relations and threatening to sever commercial ties. The developments have led to sharp depreciation in the Colombian peso due to concerns that trade between the heavily intertwined countries could be affected, while the share prices of Colombian companies with substantial assets in Venezuela have also

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