Archive for the 'Business & Economy' Category

Tarija Strike Over Gas Fields Continue

Thursday, January 26th, 2012

After ten hours of dialogue, the delegation from Tarija walked out of negotiations with the representatives of Chuquisaca department and the Bolivian government, rejecting the accord that would share revenues from the Margarita gas fields between the Tarija and Chuquisaca departments. At the root of the conflict is the hiring of a U.S. company, Gaffney [...]

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Roadblocks in Tarija to Protest Gas Study

Thursday, January 19th, 2012

Civic leaders in Tarija have called for a strike and blockade of international routes linking that department to border crossings to Paraguay and Argentina. Preliminary reports confirm that the international bridge at Bermejo, linking to Aguas Blancas in Argentina, is closed, and the capital city of Tarija is undergoing a general strike in the city [...]

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Bolivia to Invest in Coca-Tea Plant to Fight Diabetes

Wednesday, January 18th, 2012

The Bolivian government will install an industrial pant to produce mate–or tea–based on the coca leaf to be used by physicians in the treatment of diabetes and obesity. Germain Loza, the deputy minister of Coca and Integral Development, said that the project will produce mate from the dried leaves of the coca plant, which will [...]

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Almaraz Proposes Prohibiting Foreign Land Ownership

Wednesday, December 21st, 2011

Bolivia_soybean

Bolivia former vice-minister of Lands, Alejandro Almaraz, said that the solution to Bolivia’s land ownership problems is to prohibit the sale of land to foreigners. “It seems valid to me to at least consider the legal prohibition of foreigners owning land, just like it is prohibited in Brazil,” said Almaraz. Gonzalo Colque, director of the [...]

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Amazonian Highway Work Halted

Friday, December 9th, 2011

Construction on segments 1 and 3 of the Amazonian Highway, has finally ceased weeks after the government promised to suspend all activity. The government has not been paying its agree-upon disbursements of money to the Brazilian construction company and the workers have declared a state of emergency. Representatives of the Bolivian Highway Administration (ABC) denied [...]

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Investment in Hydrocarbon Industry at Record High

Friday, December 2nd, 2011

Bolivia’s hydrocarbon industry saw a record in investment in 2011, according to YPFB, the state-run natural gas company. US$1.05 billion was invested for the year through November, with YPFB investing US$647 million and companies with operating contracts investing $400 million, according to a statement from the company. This reflects a quadrupling of investment since 2005, [...]

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Argentina-Bolivia Border at Bermejo Blocked

Wednesday, November 30th, 2011

Campesinos in the Bermejo municipality of Tarija department blocked the international roadway joining Bolivia and Argentina in order to demand payment from the state’s Prosol program. The campesinos took the measure in order to pressure the governor of Tarija, Lino Condori. The head of Prosol in Bermejo, Agapo Hoyos, said that there are no resources [...]

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Coca Growers Will Pay No Taxes

Sunday, November 20th, 2011

Juanita Ancieta, the president of the coordinating committee of the Six Federations of the Cochabamba Tropics, said yesterday that they do not agree with any ideas or plans of taxing coca production. Ancieta said that they would certainly support the Bolivian state, but just no through taxes, and that the government should look for some [...]

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Strike and Blockades in Oruro to Pressure Gov. in Land Dispute

Monday, November 14th, 2011

In the department of Oruro, several civic and social organizations have begun a three-day strike a closure of national and international roads to call on the government to solve a border dispute between Quillacas, Oruro, and Coroma, Potosí, both of which are vying for an area rich in Limestone. The president of the Oruro Civic [...]

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Tipnis Situation Continues to Provoke Reactions on Both Sides

Friday, November 11th, 2011

The conflict in the Tipnis indigenous and ecological reserve continues, even after Bolivian President Evo Morales signed a law on October 24 prohibiting the construction of the Cochabamba-Beni highway, a project that mobilized marches and protests throughout the country until its cancellation. Indigenous representative Pedro Nuni said that Morales is attempting to amend the new [...]

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