Venezuela-Columbia Border Issue

Attack on Venezuelan Anti-smuggling patrol –> President of Venezuela blames Columbian right-wing and close key border crossings.

Both countries recalls there Ambassador. State of emergency declared in both countries. Deployment of troops on border.
Meeting held and decided to Restore Diplomatic Dialogue.
Why is the border of Concern? Safe Haven for Columbia’s guerilla groups and smugglers, who often extort locals. Smuggling causes severe shortages of basic goods in Venezuela.
Why smuggling rampant? Venezuela’s Oil Wealth fund controls and keeps prices of goods lower (10 times cheaper than in Columbia). Thus leading to smuggling.

 

 

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