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Financial News: COLOMBIA: Former Presidents Uribe And Pastrana Seal Conser

COLOMBIA: Former Presidents Uribe And Pastrana Seal Conservative Coalition

11/25/2017 - 09:23:00 (RTTNews)

(RTTNews) - Former Colombian Presidents Andrés Pastrana and Alvaro Uribe sealed a conservative alliance in the face of next year's presidential elections in the South American country.

Pastrana leads a faction in the Conservative Party, while Uribe is the frontman of the right-wing Democratic Center. The former presidents said that they intend "to rebuild Colombia."

They stressed the belief that the private sector must punctuate the economic growth that all regions of the country require.

"The candidates for President and Vice President will be chosen from inside this alliance taking into account those who have the greatest chance of winning," Pastrana and Uribe said in a joint statement.

"We believe that economic growth should be accompanied by a progressive and inclusive policy that allows the social improvements demanded by the majority of the population, achieving better levels of equality, health, and education," they added.

Both leaders also defended that companies and taxpayers pay fewer taxes while stressed the necessity of "significant wage improvements for workers, in such a way that the stimulus to investment plus the improvement in income of the large middle and popular classes allow Colombia to retake the path of growth."

Pastrana and Uribe are both critics of the peace agreement signed a year ago by the President Juan Manuel Santos with the Revolutionary Armed Forces of Colombia (FARC), now turned into a political party.

In this regard they argued that it will be convenient for the country to respect those aspects that allow the reincorporation of people and their transition to political life, but "it is necessary to correct the serious institutional imbalances created in the negotiation" of the peace agreement, they wrote.

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