Colombia Ramps Up Plans for $20 Billion Sunken Treasure Recovery

3 November 2023

Colombia is urgently advancing the recovery of an estimated $20 billion in treasure from the 1708 San Jose shipwreck. President Petro is pushing for quick action through a partnership to salvage the bounty, including gold, silver, and gems, before his term ends. Despite legal wrangling with a U.S. firm claiming half the treasure, the government aims to exhibit the artifacts in a national museum after an extensive archaeological process.

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