500 million in 2007. Both Nations represent 21% of the destination of Colombian exports. This situation also It turned out to be pleasant for the economies of Venezuela and Ecuador. For Goldman Sachs, a commercial closure: hurt Venezuela more shortages and more inflation, by dependence on Venezuela’s Colombian food. For Ecuador an intensification of the conflict was not convenient since Colombia is the main foreign supplier of energy in addition to providing food, clothing, and petrochemical products.
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