Industry

Bolivia breaks deal to export urea to Cuba

The Minister of Hydrocarbons, Víctor Hugo Zamora, reported that the Government of Bolivia decided to break its contract with a Cuban company for the sale of urea, because the set price is low, causing economic damage to the country. He did not specify how much damage it caused. The product will be incorporated into the domestic market to improve its price and competitiveness. In June 2019, the government of former President Morales signed agreements with Havana for the export from Bolivia of wood, urea and fabrics for about $12 million.

Source: Página Siete

Categories:Industry