SANTIAGO, Chile - Chilean President Michelle Bachelet is promising to nominate rescued Colombian hostage Ingrid Betancourt for the Nobel Peace Prize.

Bachelet told Chile's La Nacion newspaper that she would lobby for Betancourt, who was freed along with 14 other guerrilla-held hostages in a daring jungle rescue on July 2.

Bachelet says the rescue is a great victory for democracy, peace and freedom.

The 46-year-old Betancourt was kidnapped in 2002 while campaigning for Colombia's presidency. She was held for six years by the Revolutionary Armed Forces of Colombia.

Betancourt says she has forgiven her captors and is pledging to work for a peaceful end to Colombia's five-decade guerrilla war.

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