Bolivia will begin the coming year formal talks for full membership of Mercosur, for which it has the support from Uruguay, said diplomatic sources from both countries, Bolivian Deputy Foreign minister Juan Carlos Alurralde met with his Uruguayan counterpart Roberto Conde in the framework of the “Bolivia-Uruguay coordination and consultation mechanism” sixth meeting in La Paz.
Brazilian Armed Forces began this week a major deployment along the borders of Uruguay, Argentina, Paraguay and Bolivia involving 9.000 troops from the three services with the purpose of testing border security against smugglers mainly of arms and drugs and organized crime, said the Ministry of Defence.
Confirming the growing trend in several South American countries, Bolivia expropriated a silver and indium mine operated by a local unit of Canadian firm South American Silver, a move criticized by Ottawa and likely to scare off foreign investors.
Bolivia said on Wednesday that statements from Foreign minister David Choquehuanca about “the end of Coca Cola” were taken out of context adding there are no plans to expulse the US Company from the country, as published in the local media.
Bolivian prosecutors with the support from police and military forces on Friday raided the offices of India’s Jindal in La Paz as part of an investigation for an alleged “breach of contract” following the company’s confirmation it was abandoning the huge iron-ore mining project of El Mutún.
Argentina and Bolivia signed on Wednesday new agreements to increase the sale of Bolivian natural gas to its southern neighbour but the controversial issue of a price review went unnoticed.
India's Jindal Steel and Power scrapped plans Tuesday to invest 2.1 billion dollars in a Bolivian mining project and blamed the country’s non-friendly business attitude for the deal's collapse.
December 21, the austral summer solstice, will mark the end of Coca Cola and capitalism and the start of a new cosmic era of community spirit and love, announced Bolivia’s Foreign Minister David Choquehuanca.
Bolivian government is willing to compensate South American Silver Corp for revoking its concession on the Malku Khota project, but it will be far less than the 16 million dollars the company says it has invested, the country's vice president said on Thursday.
Canadian company is protesting Bolivia's decision to revoke its licence to mine a rich silver deposit in the country and nationalize the project.