• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Sunday, January 11, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Colombia to suspend coal sales to Israel over Gaza war

June 9, 2024
in World
Share on FacebookShare on TwitterWhatsapp

BOGOTÁ: Colombian President Gustavo Petro announced Saturday that his country will suspend coal exports to Israel as a rebuke against its deadly war against Hamas in Gaza.

Colombia is Israel’s main coal supplier with exports of some $450 million in 2023, according to the Israeli embassy in Bogota, which remains operational despite Petro’s government severing diplomatic ties in May.

Petro, Colombia’s first leftist president and a fierce critic of Israeli Prime Minister Benjamin Netanyahu, said Saturday on X that coal exports to Israel would be suspended “until the genocide stops.”

A government decree specified that the restrictions would remain “until the orders of provisional measures issued by the International Court of Justice (ICJ)… are fully complied with.”

In late May, as part of a pending case brought by South Africa, the ICJ ordered Israel to halt its offensive on the southern Gaza city of Rafah, while also demanding the release of hostages and the “unhindered provision” of humanitarian aid into the Palestinian territory.

According to the Colombian government, the coal export ban will enter into force five days after the decree is published in the official gazette and will not affect goods that have already been authorized for shipment.

Bogota underscored coal’s role as “a “strategic resource for the manufacture of weapons, the mobilization of troops and the manufacture of provisions for military operations.”

Petro also said Colombia would stop purchasing weapons made by Israel, one of the main suppliers of the South American country’s security forces.

Hamas says 210 killed in Gaza camp where hostages rescued

On Thursday, the Colombian Mining Association expressed concern over the possibility of exports being suspended, noting a trade treaty between the two nations in place since 2020.

“Israel is a key destination for Colombia’s thermal coal exports,” the organization said in a statement, adding that banning shipments “jeopardizes confidence in markets and foreign investment.”

Petro announced Colombia would sever ties with Israel in May over the Gaza conflict and open an embassy in Ramallah in the Palestinian territories.

Share15Tweet10Send
Previous Post

Saudi leads as Gulf bourses end higher; Egypt extends loss

Next Post

China, Pakistan agree to strengthen mining, oil and gas cooperation

Related Posts

EU countries override France to greenlight Mercosur trade deal
World

EU countries override France to greenlight Mercosur trade deal

January 11, 2026
US job growth stuck at stall speed in December; unemployment rate dips to 4.4%
World

US job growth stuck at stall speed in December; unemployment rate dips to 4.4%

January 10, 2026
India markets watchdog exempts small brokers from technical glitch rules
World

India markets watchdog exempts small brokers from technical glitch rules

January 10, 2026
Trump says he will ban Wall Street investments in single-family homes
World

Trump says he will ban Wall Street investments in single-family homes

January 8, 2026
Trump’s oil push widens with seizure of Russian-flagged tanker linked to Venezuela
World

Trump’s oil push widens with seizure of Russian-flagged tanker linked to Venezuela

January 8, 2026
India seeks fare data from airlines as part of IndiGo antitrust scrutiny
World

India seeks fare data from airlines as part of IndiGo antitrust scrutiny

January 7, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.