25 November 2016 Current Affairs: Juan Manuel Santos, President of Colombia, and Rodrigo Londono, the leader of the Revolutionary Armed Forces of Colombia (FARC), signed a new peace agreement on 24 November 2016.
The revised agreement will be submitted to Colombian Congress for approval. It will not be put to a country-wide vote, and would also not form a part of the Colombia’s constitution.
It is Colombian Government’s second attempt to end Latin America’s longest-running conflict, which has killed around 220000 people.
The previous deal, which was signed in September 2016, was rejected narrowly by the citizens of Colombia in a popular vote held in October 2016.
President Juan Manuel Santos was awarded the 2016 Nobel Peace Prize.
The new accord introduces around 50 changes, which are intended to temper critics led by still-powerful former President Alvaro Uribe.
The modifications range from a prohibition on foreign magistrates judging crimes by the FARC or government to a commitment from the insurgents to forfeit assets. Under the revised accord, the rebels will have to declare their assets. The money will be used for reparation payments to victims of the conflict.
The Colombian Government and the FARC had signed the historic peace accord on 24 August 2016. However, the deal was rejected by the Colombian voters in a referendum.
The peace agreement was reached after the two sides earlier in June 2016 signed the bilateral ceasefire agreement.
Over the past four years, peace negotiators have managed to reach agreement on six areas and they are land reform, political participation for ex-rebels, justice for victims of the conflict, fighting drug trafficking, disarmament and the implementation and monitoring of the accord.