The presidents of Ecuador and Colombia, Rafael Correa and Álvaro Uribe, respectively, Friday settled their dispute with a handshake at the end of the 20th Rio Group Summit held in Santo Domingo, Dominican Republic.

The host of the summit, Dominican President Leonel Fernández, suggested that the three presidents hug each other as a gesture marking the end of the diplomatic crisis.

"And with this, this incident that has caused so much damage (is) resolved," said to thunderous applause the Ecuadorian ruler.

Afterwards, the Colombian President walked towards Rafael Correa, Hugo Chávez and Nicaraguan President Daniel Ortega to shake their hands.

After the impasse was overcome, President Ortega announced he was restoring diplomatic relations with Colombia.

The dispute erupted on Saturday 1st March when Colombia raided inside Ecuador to kill a commander of the rebel Colombian Revolutionary Armed Forces (FARC).