The Government, through a bi-ministerial resolution, issued the Certificate of Internal Supply and Fair Price which gives full, quota-free freedom to soy producers to place 1.6 million tonnes of grain (for human consumption or raw material) and 60,000 tonnes of soybean seed to overseas markets.
The unconventional exploitation of hydrocarbons in the geological formation of Vaca Muerta, Argentina, this week added a new record of fracture stages, which accelerated its gas production, lowered its costs and, in the future, will force Bolivia to compete in the market with lower prices according to expert analysis.
Since 2012, Santa Cruz has deforested 1,070,151 hectares of forest, according to data from the Forest and Land Social Control and Control Authority (ABT). Records show that 64% of that clearing -691,701 hetares- was made illegally. The figure corresponds to five years of clearing for the expansion of agricultural and livestock activity. The expansion of the urban spot is another cause for indiscriminate felling.
The gas plant of Incahuasi, located in the province of Cordillera de Santa Cruz, increases today its production capacity of 8 million cubic meters per day (MMmcd) to 11 MMmcd thanks to the execution of three projects, whose cost was $78.7 million.
The dialogue between soybean producers and oilseed companies ended without an agreement on prices. Divisions and differences arise between small and large producers. The Santa Cruz-Beni road is totally blockaded, with eight points of conflict.
Workers took the Perembaise camp in a protest against China Railway Construction Corporation. The camp is located four kilometres from the road Rurrenabaque-Riberalta. Blockades were also recorded on the road. Workers demand that the Chinese company comply with Bolivian labour laws, and denounce the continued mistreatment of the Chinese personnel against Bolivian workers.
Bolivia and Paraguay focus their attention on the Bi-oceanic corridor and the waterway Paraná-Paraguay
Bolivia and Paraguay will install on Wednesday, in La Paz, the first binational cabinet to deal with the Bi-oceanic train project and the waterway Paraná-Paraguay, as well as defence and security issues. It is a public and private mission. “We are in a new phase of a fruitful and positive relationship with Bolivia and this relationship have to take advantage of our peoples, so we are here,” said Paraguay’s Foreign Minister, Luis A. Castiglioni.
Bolivia’s Central Bank warned that the global uncertainty provoked by US-China trade war will impact on the prices of raw material in Latin America. One of the most impacted commodities by the US-China trade conflict has been the soybean, which has seen a sharp drop in price to $290 per tonne, one of the lowest levels in recent years.
The project to export electricity to Argentina will not begin on 25 May, as it was programmed, and it could be delayed until 2020, said the Argentinian Ambassador in Bolivia, Normando Alvarez. Bolivian state electricity company ENDE is building a transmission cable to export electricity to the north of Argentina, however bureaucratic procedures in both countries have delayed the project.
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.