Day: May 17, 2019

UN: Bolivia’s economy grew but remains the poorest in Latin America

Although Bolivia is one of the countries with the highest economic growth in Latin America, still remains as one of the poorest in the region, said independent UN expert, Juan Pablo Bohoslavsky. He added that the current model based on what is called “extractivism” or the extraction of natural resources, is not sustainable in the long term. He warned that “growing challenges” are coming and the government should diversify the economy and invest more in science and technology.

Bolivia negotiates to export​ sugar to Belgium

Bolivian state sugar company San Buenaventura (EASBA) is looking for markets to export a 130,000 quintals-surplus of sugar and one potential buyer is Belgium. EASBA’s CEO, Ramiro Masanto, said that the company is currently negotiation with Belgian’s businessmen to export the sugar surplus production. He added that the company estimates to be able to export sugar by July or August.