Colombian Conservative Party to Back Petro’s Congress Agenda
- Petro formed another alliance with the important Liberal Party
- Investors are closely watching key political appointments
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Colombia President-elect Gustavo Petro has secured an alliance with the powerful Conservative Party, putting him closer to finding a majority in Congress.
Lawmakers from the Conservative Party said in a letter that they will not serve as an opposition party to Petro’s left-wing coalition and will support his political agenda. The party preliminarily has 16 of 108 seats in the senate and 25 of 188 seats in the lower house, as electoral authorities haven’t yet certified the March Congressional vote.