Category: Global Economy

Information about international economic affairs that can impact the Bolivian economy.

“Fonplata wants to become a development bank “

The Governors assembly of the Financial Fund for the Development of the River Plate Basin (Fonplata) approved the modification of its charter to enable the transition from a financial fund to a development bank. The change will allow the incorporation of new partners and the establishment of strategic alliances with other development agencies and banks.

Bolivia looks to increase its presence on the Atlantic Ocean

Bolivia’s Foreign trade seeks more presence in the Atlantic, through the Tamengo channel, at the head of the Paraguay-Paraná waterway. The decision aims to increase exports and imports, so that the Jennifer, Gravetal and Aguirre ports will receive international certifications for this purpose. Cargo movements in those ports are expected to reach five million tons per year.