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Ibero-American Business Meeting to begin this Thursday

Ibero-American Business Meeting to begin this Thursday
Photo: Ibero-American General Secretariat

March 23 |

The XIV Ibero-American Business Meeting, which is organized in the framework of the XXVIII Ibero-American Summit of Heads of State and Government, will begin this Thursday afternoon at the Sansouci Convention Center in Santo Domingo, Dominican Republic.

According to its organizers, the event will have the slogan “Together for a fair and sustainable Iberoamerica” and will be held until Friday. On this day, several heads of State and Government are expected to participate, who will discuss the topics on the agenda, in addition to awarding the Ibero-American Quality Award and handing over the Presidency of the Council to Ecuador.

The topics to be discussed will be investment, sustainability, climate action, social commitment and new financing models, and connectivity and digital transformation. Tourism, infrastructure, energy and ecological transition and gender equality will also be discussed.

At this meeting, the report “Latin America Economic Outlook 2022” will be presented and five panels will be held, led by ministers from the Dominican Republic and other personalities from the region.

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The activities will be led by the Vice President of the Dominican Republic, Raquel Peña, and the Ibero-American Secretary General, Andres Allamand. The event will be attended by more than one thousand businessmen from the region.

Meanwhile, the Ibero-American Summit will be inaugurated this Friday and is expected to be attended by 14 presidents, two vice presidents, two prime ministers and 22 foreign ministers, who will adopt important instruments aimed at guaranteeing the development of the region.

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International

U.S. and Mexico Reach Deal to Address Water Deficit Under 1944 Treaty

The United States and Mexico have reached an agreement to comply with current water obligations affecting U.S. farmers and ranchers and for Mexico to cover its water deficit to Texas under the 1944 Water Treaty, the U.S. Department of Agriculture said in a statement.

The department уточified that the agreement applies to both the current cycle and the water deficit from the previous cycle.

On Monday, U.S. President Donald Trump accused Mexico of failing to comply with the water-sharing treaty between the two countries, which requires the United States to deliver 1.85 billion cubic meters of water from the Colorado River, while Mexico must supply 432 million cubic meters from the Rio Grande.

Mexico is behind on its commitments. According to Washington, the country has accumulated a deficit of more than one billion cubic meters of water over the past five years.

“This violation is severely harming our beautiful crops and our livestock in Texas,” Trump wrote on Monday.

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The Department of Agriculture said on Friday that Mexico had agreed to supply 250 million cubic meters of water starting next week and to work toward closing the shortfall.

Agriculture Secretary Brooke Rollins, quoted in the statement, said Mexico delivered more water in a single year than it had over the previous four years combined.

Trump has said that if Mexico continues to fall short of its obligations, the United States reserves the right to impose 5% tariffs on imported Mexican products.

Mexico’s Deputy Foreign Minister for North America, Roberto Velasco, said that a severe drought in 2022 and 2023prevented the country from meeting its commitments.

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International

Several people shot in attack on Brown University campus

Several people were shot on Saturday in an attack on the campus of Brown University, in the northeastern United States, local police reported.

“Shelter in place and avoid the area until further notice,” the Providence Police Department urged in a post on X. Brown University is located in Providence, the capital of the state of Rhode Island.

U.S. President Donald Trump said on his social media platform Truth Social that he had been briefed on the situation and that the FBI was on the scene.

At 5:52 p.m. local time (11:52 p.m. GMT), Brown University said the situation was still “ongoing” and instructed students to remain sheltered until further notice.

After initially stating that the suspect had been taken into custody, Trump later posted a second message clarifying that local police had walked back that information. “The suspect has NOT been apprehended,” the U.S. president said.

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Colombia says it would not reject Maduro asylum request as regional tensions escalate

The Colombian government stated on Thursday that it would have no reason to reject a potential asylum request from Venezuelan President Nicolás Maduro should he leave office, as regional tensions persist over the deployment of U.S. military forces in the Caribbean since August.

“In the current climate of tension, negotiations are necessary, and if the United States demands a transition or political change, that is something to be assessed. If such a transition results in him (Maduro) needing to live elsewhere or seek protection, Colombia would have no reason to deny it,” said Colombian Foreign Minister Rosa Villavicencio in an interview with Caracol Radio.
However, Villavicencio noted that it is unlikely Maduro would choose Colombia as a refuge. “I believe he would opt for someplace more distant and calmer,” she added.

Colombian President Gustavo Petro also commented on Venezuela’s situation on Wednesday, arguing that the country needs a “democratic revolution” rather than “inefficient repression.” His remarks followed the recent detention and passport cancellation of Cardinal Baltazar Porras at the Caracas airport.

“The Maduro government must understand that responding to external aggression requires more than military preparations; it requires a democratic revolution. A country is defended with more democracy, not more inefficient repression,” Petro wrote on X (formerly Twitter), in a rare public criticism of the Venezuelan leader.

Petro also called for a general amnesty for political opponents and reiterated his call for forming a broad transitional government to address Venezuela’s prolonged crisis.

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Since September, U.S. military forces have destroyed more than 20 vessels allegedly carrying drugs in Caribbean and Pacific waters near Venezuela and Colombia, resulting in over 80 deaths.
U.S. President Donald Trump has repeatedly warned that attacks “inside Venezuela” will begin “soon,” while Maduro has urged Venezuelans to prepare for what he describes as an impending external aggression.

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