ObamaPresident Barack Obama promised yesterday to provide more financial aid and other support for Colombia as its government prepares to finalize a peace deal with left-wing guerrillas it has battled for more than 50 years.

After meeting with Colombian President Juan Manuel Santos at the White House, Obama announced additional funding and other measures he said would help Colombia rebuild after reaching a peace accord with the Marxist rebel group Revolutionary Armed Forces of Colombia, or FARC.

Negotiations have entered the final stages, and if an agreement is reached, it will end Latin America’s longest-running insurgency.

The U.S. leader proposed that more than $450 million be devoted to reinforcing security gains in Colombia, reintegrating former combatants into society and extending the rule of law and opportunities into areas where they had not existed. He also vowed to continue supporting efforts to fight drug trafficking and its effects in both countries.