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  • Kate Bahnsen

What the Peace Treaty between the Colombian government and FARC means to people in Colombia speciall

The peace treaty between the Colombian Government and the FARC means over $450 Million from the USA, $800 Million from the World Bank and $1.6 Billion from the Colombian Government to do the following 6 key items:

1- Cease fire and disarmament:

2- Justice for Victims

3- Drug trafficking - In May 2014, the FARC agreed to stop drug production in areas under their control. The government pledged to help farmers earn a living without growing illicit crops such as coca, the raw ingredient for cocaine. But Colombia, a top ally in the US war on drugs, will continue its crack-down on drug traffickers.

4- Rebels in Politics

5- Land reforms In May 2013, the two sides signed a deal to provide land, loans and basic services to impoverished rural populations. Millions of dollars in financing will be needed to implement it.

6- Ratifying the accord

According to the UN Office on Drugs and Crime in 2014 there was 69,000 hectares or 175,000 acres of coca leaves.

The peace treaty specify that the top priority is to change these fields to another crop.

Sacha Inchi is the only crops that can compete with Coca leaves and grows in the same area. Sacha Inchi starts producing in 7 months and produces seeds twice a month for 10 to 12 years. (there is no Fall or Winter in Colombia,it's the same temperature all year)

It takes 3 to 5 years to grow coffee and Colombia can't compete with the price of Brazilian coffee

Please watch our video showing our farmers doing voluntary substitution of coca leaves to Sacha Inchi.

Where is the money coming to do voluntary substitution to crops like Sacha Inchi:

Cárdenas, the finance minister, said Colombia is spending some $4 billion on implementing the peace deal, including reparations to victims. Over 10 years, the costs of post-conflict programs is expected to reach $16.8 billion, or about 1% of Colombia's gross domestic product.

Paying for everything:

Colombia is also angling for $450 million in aid from the US to support post-conflict programs. But, in light of recent events, aid from the US is likely to come with strings attached.

Many in the US Congress will say "OK, but if we're going to give Colombia more money, we want to see some more efforts on their part to combat this increase in coca crops," Szterenfeld said.

Colombia will have to approach stipulations like this diplomatically, as efforts to arrest coca production may push many FARC rebels who are wary of the peace process back into their criminal activities.

WASHINGTON, December 9, 2016—The World Bank Board of Directors approved a loan yesterday to strengthen land management institutions and implement regional policies to improve finances and prioritize investments throughout Colombia.

The Colombian government counterpart for this loan is the National Planning Department. The loan totals 716.5 million euros (US $800 million) and has a 20 year maturity period and a grace period of 19.5 years.

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