Gas negotiations with Brazil and Argentina could impact volume of shipments

Bolivia is in contact with Brazil and Argentina to review the gas agreements with the two countries. According the Hydrocarbons Minister, Luis Alberto Sanchez, said that the negotiations will impact on the volume of shipments but it can be expected that the prices will not change. However, regional authorities in Bolivia feared that the new contracts will have a negative impact on royalties.

ECLAC: Commerce with China contributed to de-industrialisation of Latin America

China's high demand of raw materials has contributed to the de-industrialisation in Latin America, warned the Economic Commission for Latin America and the Caribean (ECLAC). According to Zebulun Kreiter, ECLAC's Economic Affairs expert, the situation in Bolivia is one of the most acute because 95% of the exports to China are raw material.