By Oliver Griffin, Luis Jaime Acosta and Nandita Bose BOGOTA/WASHINGTON (Reuters) -Colombia's President Gustavo Petro averted an economic disaster at the 11th hour after diplomats from his government and the U.

A looming trade war between the US and Colombia appears to have been averted after the Colombian government agreed to allow US military flights carrying deported migrants to land in the Andean country. The spat erupted on Sunday when President Gustavo Petro barred two military planes carrying Colombians deported from the US from landing.

Deportation flights between the U.S. and Colombia have resumed following a dispute between the two countries that nearly led to a trade war.