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Chinese envoy calls for persistent efforts to advance peace in Colombia

China

China

China

Chinese envoy calls for persistent efforts to advance peace in Colombia

2025-04-23 21:53 Last Updated At:22:17

A Chinese envoy on Tuesday called for unwavering efforts to advance Colombia's peace process, stressing the need to improve security while boosting the country's development.

The UN Security Council held a meeting on the Colombia issue at the UN Headquarters in New York, calling for enhanced implementation of the peace agreement signed in 2016.

Carlos Ruiz Massieu, the UN secretary-general's special representative and head of the UN Verification Mission in Colombia, told the Security Council that the security situation in Colombia remains dire, with violence and illicit economies still present in certain areas.

He also highlighted the slow progress in comprehensive rural reform, addressing the problem of illicit drugs and the implementation of transitional justice.

Geng Shuang, China's deputy permanent representative to the UN, said the Secretary-General's report highlighted concerns about the security situation in several regions of Colombia. Violent clashes earlier this year in the Catatumbo region caused severe harm to civilians and negatively impacted the peace process.

"We support the Colombian government in enhancing security deployments, strengthening effective control over conflict-affected and remote areas, ensuring the safety of civilians, and protecting vulnerable groups such as ex-combatants, racial minorities, women, and children, to prevent similar violent incidents from recurring," he said.

Geng also emphasized that comprehensive rural reform is a key priority for the implementation of the peace agreement and a crucial pillar of Colombia's national development.

China supports the Colombian government in increasing resource input, strengthening coordination, and accelerating the rural reform process to continually unleash development dividends, he said.

Chinese envoy calls for persistent efforts to advance peace in Colombia

Chinese envoy calls for persistent efforts to advance peace in Colombia

The World Bank predicted Tuesday that energy prices may surge 24 percent in 2026 to their highest level since the Russia-Ukraine conflict erupted in 2022 due to the war in the Middle East, while overall commodity prices are projected to increase 16 percent.

In its latest Commodity Markets Outlook released on Tuesday, the World Bank said that attacks on energy infrastructure and shipping disruptions in the Strait of Hormuz, which handles about 35 percent of global seaborne crude oil trade, have triggered the largest oil supply shock on record, with an initial reduction in global oil supply of about 10 million barrels per day.

Fertilizer prices are projected to increase by 31 percent in 2026, driven by a 60-percent jump in urea prices, while prices for base metals, including aluminum, copper and tin, are expected to reach all-time highs.

Precious metals prices are forecast to increase 42 percent as geopolitical uncertainty fuels demand for safe-haven assets.

Commodity prices could rise even higher if hostilities escalate or supply disruptions from the Iran war last longer than projected, the report said.

Indermit Gill, the World Bank Group's chief economist and senior vice president for Development Economics, said the war is hitting the global economy in cumulative waves, warning that poorer populations will be hardest hit.

World Bank forecasts 24-pct surge in energy prices in 2026

World Bank forecasts 24-pct surge in energy prices in 2026

World Bank forecasts 24-pct surge in energy prices in 2026

World Bank forecasts 24-pct surge in energy prices in 2026

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