After a year of isolation, 'the most miserable country in the world' is 'interested in a new beginning'
Presidents of Venezuela and Colombia
Presidents of Venezuela and Colombia

(Colombian President Juan Manuel Santos, left, with Venezuelan President Nicolas Maduro.Carlos Garcia Rawlins/Reuters)

On Friday, a year after shutting its western border and isolating itself from Colombia, Venezuela announced that the frontier would be reopened.

The news came after Venezuelan President Nicolas Maduro met with his Colombian counterpart, Juan Manuel Santos, in the western Venezuelan city of Puerto Ordaz.

The leaders settled on a gradual reopening of their countries' border crossings, with five border checkpoints opening for pedestrians from 6 a.m. to 9 p.m. each day, starting Saturday.

Within a month, cars should be able to cross the border, and more crossing points will open over the coming year, the two leaders said. Prior to the closure, 100,000 people crossed the border daily; that number dropped to 3,000 a day after the border was shut.

Maduro shuttered the frontier in August last year in what he said was an effort to crackdown on the "plague" of smugglers and paramilitary groups who he accused of trying to undermine Venezuela's economy and its socialist government. Venezuela's border region has become a hotbed for smuggling of various items, like drugs and weapons, but also of consumer goods and Venezuela's price-controlled gasoline.

The closing appeared only to slow, not stop, smuggling. The main routes were placed under heavy guard, but "river and jungle crossings opened up and many said they simply paid border guards a little extra to make the crossing," Reuters reported.

As part of his campaign to rid the region of threats, Maduro's government also deported many of the Colombians living in the area illegally, some of whom were refugees from Colombia's protracted civil conflict.

Colombia Venezuela border
Colombia Venezuela border

(A man shows a paper to a Venezuelan soldier, while he waits to try to cross the Simon Bolivar international bridge, on the border with Colombia, at San Antonio in Tachira state, Venezuela August 22, 2015.Reuters)

Friday's announcement signaled a thaw in the tensions that festered over the last year. "We're interested in a new beginning in economic and commercial relations with all of Colombia's productive sectors," Maduro said while seated next to Santos, in front of a picture of Latin American independence hero, Simon Bolivar.

Santos noted that bilateral talks in preparation for opening the border had been going on for months and that both countries would guarantee security and help curb smuggling, according to Reuters.

For Maduro — who runs what the libertarian Cato Institute calls "the most miserable country in the world" because of economic problems like rampant inflation and widespread shortages of basic goods — the confrontation with Colombia over the border gave an international facade to problems at home.