"We had a comprehensive and very fruitful meeting," says Venezuela's Nicolas Maduro after talks with Colombia's Gustavo Petro in Caracas.
Argentina's Fernandez, Mexico's Lopez Obrador, Colombia's Petro and Bolivia's Arce sign joint statement, calling Castillo a "victim of undemocratic harassment" and demanding "popular will" of Peruvians be respected.
Venezuela had completely blocked its border with its neighbour three years ago, when President Nicolas Maduro broke off diplomatic ties after the previous Colombian government questioned his re-election.
The rainy season that began in August is Colombia's worst in 40 years, causing a series of accidents that have already left more than 270 people dead.
The pact is the first significant achievement in nearly two weeks of peace talks in Venezuela.
The aim is to confront criminal groups operating internationally with a focus on various illegal industries, which requires collaboration with other countries, the interior minister said.
President Gustavo Petro's government and leftist guerrilla group, the National Liberation Army, also agreed to invite Brazil, Chile, and Mexico to join Norway, Cuba, and Venezuela as guarantors of process.
"Dialogue between Maduro's government and the Venezuelan opposition [led by Juan Guaido] will resume on the 25th and 26th of November," Colombia's President Gustavo Petro announces.
Talks with leftist guerrillas in Venezuela are part of President Gustavo Petro’s promise to bring "total peace" to Colombia.
Government will give $100 per month to feed children in households headed by women, and subsidise fertilisers used by small-scale farmers, says President Gustavo Petro.
Legislation pushed by President Gustavo Petro, the South American country's first elected leftist president, would raise taxes on upper classes to finance schemes to fight poverty.
All six of the region’s biggest economies may soon be run by leftist presidents with all eyes on Brazil’s upcoming run-off elections that could see the comeback of Luiz Inacio Lula da Silva in a fresh ‘pink tide’.
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