Piñera and Bolsonaro talk about an Atlantic-Pacific corridor

El presidente de Chile, Sebastián Piñera, y el electo mandatario de Brasil, Jair Bolsonaro, mantuvieron ayer una conversación telefónica, en la que hablaron, entre otros temas, sobre la construcción de un corredor bioceánico que una los océanos Atlántico y Pacífico, sin la participación de Bolivia.

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Aci Systems will sell Bolivian lithium batteries to Volkswagen

Yacimientos de Litio Bolivianos (YLB) CEO Juan Carlos Montenegro said that its strategic partner ACI Systems will provide Bolivian lithium batteries to German car maker Volkswagen.

The port of Arica collapses; the challenge is to develop Ilo and Matarani

Ilo and Matarani (Peru) are potential ports for Bolivia's foreign trade, but still lack conditions (infrastructure and equipment) to compete and in the future replace the already collapsed port of Arica (Chile) where most of the oil enters and leaves of products to the country.

UK exploration groups turn attention to South America

Pro-business governments have made Colombia and Argentina more attractive to investors.

Oil price drops in spite of sanctions on Iranian crude

Oil prices fell on Monday in London and New York, with investors more concerned about global growth than the return of sanctions on Iranian oil.

Ports to the Atlantic could generate more than US$ 1bn

The Aguirre, Gravetal and Jennefer ports, which will allow Bolivia to access the Atlantic Ocean, would generate over US$ 1 billion per year in revenues from imports and exports, said  the managing director of the Bolivian Institute of Foreign Trade (IBCE), Gary Rodríguez.

40 senior civil servants asked to make their bank account available to the public

At least 40 authorities such as state ministers, deputies and senators renounced bank secrecy and asked the Financial Investigations Unit (UIF) to make public its financial activities.

Government is being asked to pay debt of social enterprises

The Government has not yet approved the regulation regarding " the Social Enterprises Act". Factory workers are demanding that the Administration pay the debts of social enterprises.

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.

Sebastián Piñera (Chile) and Jair Bolsonaro (Brazil) pursue an strategic alliance

Chile will be the first country to be visited by Jair Bolsonaro, after officially becoming President, said Chilean President Sebastián Piñera. He added that Bolsonaro will then travel to the United States. His statement follows a conversation Piñera had with his Brazilian colleague in which they discussed a possible strategic alliance around the building of a Bi-oceanic Corridor and a Free Trade Agreement.