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| 7/13/2009 12:00:00 AM

Tensions linger between Colombia and Ecuador

Jul 13--Ecuador announces stiff tariffs on hundred of Colombian imports, apparently the latest retaliatory measure in the countries' dispute over a 2008 raid into Ecuadorean territory.

Tensions linger between Colombia and Ecuador Tensions linger between Colombia and Ecuador
Ecuador today will begin imposing stiff tariffs on hundreds of Colombian imports, the latest round in a festering dispute between the neighbors.

The tariffs could affect at least one-third of the $1.6 billon in annual Colombian exports to Ecuador. The Ecuadorean government said the measure was put in place to compensate for a recent devaluation of the Colombian peso.

But observers say there is little doubt that it is the latest in a series of retaliatory measures by both countries since Colombia sparked a regional crisis with its brief incursion into Ecuadorean territory in March 2008 to kill a high-ranking leftist rebel leader.

Ecuador's move follows the unusual filing of murder charges last month by a local judge against former Colombian Defense Minister Juan Manuel Santos, who planned the incursion last year that left more than 20 people dead in addition to Raul Reyes, a leader of the Revolutionary Armed Forces of Colombia, or FARC.
 
Read more here.
 
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