The agreement was reached between Colombian President Juan Manuel Santos and his Venezuelan counterpart Hugo Chavez after a long meeting in Santa Marta, a Colombian city on the Caribbean coast.
|Colombia's President Juan Manuel Santos (R) meets with his Venezuelan counterpart Hugo Chavez in Santa Marta, Columbia, Aug. 10, 2010. (Xinhua Photo)|
"We are here seeking the re-establishment of relations between two sister countries," Santos told reporters before the summit.
"We shall begin patiently to rebuild what was torn apart," said Chavez.
Both presidents told a post-summit conference that they also agreed to create five working commissions to solve the bilateral debt issue, boost commercial ties, reach an economic complementation agreement, develop a working plan for social investment and establish a security mechanism.
Venezuela severed ties with Colombia on July 22, after Bogota accused Caracas of hosting guerilla chiefs in its territory.
However, tensions began to ease as a new government led by Santos took over in Bogota. In a sign of good will, Chavez sent his foreign minister to attend Santos' inauguration ceremony on Saturday. Foreign ministers of the two countries met on Sunday and agreed on the date and location of the summit between the two presidents.
BOGOTA, Aug. 10 (Xinhua) -- Venezuelan President Hugo Chavez arrived on Tuesday in Colombia's Santa Marta city to meet with his Colombian counterpart Juan Manuel Santos.
Upon his arrival, Chavez expressed his will "to build peace." Full story
MEXICO CITY, Aug. 9 (Xinhua) -- Hopes are high that Venezuela and Colombia will put aside their diplomatic row when the two countries' leaders meet on Tuesday to seek a repairing of ties, analysts say.
However, the dust of their dispute over Colombia's accusations that Venezuela was harboring Colombian guerrillas, is unlikely to settle for at least some time. Full story
CARACAS, Aug. 8 (Xinhua) -- Venezuelan President Hugo Chavez confirmed Sunday he will travel to Bogota Tuesday to meet his new Colombian counterpart Juan Manuel Santos in a bid to mend the bilateral ties.
The president said in a TV program that top on the summit's agenda would be restoring bilateral relations. Full story