Analysis of Binational Trade between Colombia and Venezuela with a view to Border Economic Growth from 2019 to 2023 Análisis del Comercio Binacional entre Colombia y Venezuela con miras al Crecimiento Económico Fronterizo de los años del 2019 al 2023

Abstract

The article explores the various opportunities that the countries of Colombia and Venezuela may have, both countries have had both political and economic challenges in which they have had to look for new opportunities with foreign countries that have provided them with help when the closure of the treaties of both countries. However, the exchange of commercial products remains significant, trade restrictions and border controls have affected the fluidity of bilateral trade of neighboring countries, reaching the point of smuggling their products from one country to the other. Having mentioned this, different ways are being sought to boost bilateral trade on the Colombian-Venezuelan border and thereby reactivate the economy again; and how to improve trade conditions, reduce tariff barriers and once again promote bilateral cooperation in the areas of security and infrastructure in the border area