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(Agencies)
Updated: 2008-03-10 08:59

CARACAS, Venezuela -- Venezuela said Sunday that it was restoring full diplomatic ties with Colombia that were broken off in a regional crisis sparked by a cross-border Colombian attack on a leftist rebel camp in Ecuador.

The Venezuelan Foreign Ministry said it was reopening its embassy in Colombia and will allow back Colombian diplomats it expelled last week. It cited an easing of tensions at a summit in the Dominican Republic on Friday, where President Hugo Chavez of Venezuela and Ecuadorean President Rafael Correa shook hands with Colombia's leader, Alvaro Uribe, after a tense debate.

Colombia's President Alvaro Uribe (L) and Venezuelan President Hugo Chavez (R) talk as Dominican President Leonle Fernandez looks on after they agreed to resolve the crisis set off by an attack on a FARC guerrilla camp inside Ecuadorian territory by the Colombian armed forces last week at the 20th Group of Rio Summit in Santo Domingo March 7, 2008. [Agencies]

Venezuela described the reconciliation as a "victory for peace and sovereignty."

Chavez ordered the Venezuelan embassy in Bogota closed and sent troops to the border with Colombia after Uribe's government carried out a March 1 strike in Ecuador that killed 25 people including Raul Reyes, a spokesman and top leader of the Revolutionary Armed Forces of Colombia, or FARC.

Related readings:  LatAm leaders agree to end border crisis  Venezuela decrees state of general alert  Venezuela, Ecuador deploy troops in Colombia dispute  Nicaragua breaks off relations with Colombia  Chavez: Colombia raid a 'war crime'

Venezuela also said it was expelling Colombia's ambassador and all diplomatic personnel.

The crisis deescalated at the summit, where Colombia pledged not to follow through on its threat to seek genocide charges against Chavez at an international court for allegedly supporting the FARC, which finances its insurgency through kidnapping and the cocaine trade.

Uribe apologized for the raid and pledged not to violate another nation's sovereignty again. A joint statement issued at the summit also committed all the countries to fighting threats to national stability from "irregular or criminal groups," a reference to Colombia's accusation that its two neighbors have ties to rebels.

But the agreement didn't eliminate the causes of the crisis: the Colombian insurgency that has spilled across its borders, and a stalemate over international efforts to facilitate a swap of rebel-held hostages for imprisoned guerrillas.

Correa said Saturday on his weekly radio show that it will be "difficult to recover trust" in Uribe's government. Restoring diplomatic ties "will take a little time," he said.