Colombia and Panama to settle dispute this year

Presidents Juan Carlos Varela of Panama and Juan Manuel Santos of Colombia said that their ministers will work to settle their countries' dispute by the end of the year.

Colombia denounced Panama's failure to declare Colombian assets and money abroad.

Colombian investments in Panama have more than quadrupled last year to $3.2 billion, representing 41.8 percent of total foreign investments by Colombians in 2013, according to the country's central bank figures.


Source: Telesur