China is Bolivia's main bilateral creditor, and the pre-pandemic debt balance was $1.04 billion, just below international organizations such as the Inter-American Development Bank (IDB) and CAF-Latin American Development Bank. Bolivia's close relationship with China is also a trade issue. According to data from the Bolivian Institute of Foreign Trade (IBCE), as of July 2020, Bolivia exhibits a negative trade balance of $734 million with the Asian country. The main exported products are minerals, wood and beef; so far this year, about $141 million in products were exported, and $875 million in Chinese articles imported.
Peru lifted restrictions on exports of Bolivian agricultural products. The Bolivian Foreign Affairs Ministry explained that bilateral communications were made, as well as with the Andean Community, which allowed to confirm that the measure adopted by Peru suspended, after intense technical and sanitary negotiations. Since Friday, the free transit of products through the border points between both countries reestablished.
The Minamata Agreement was signed by Bolivia in 2013 along with 140 other countries, as it is a global problem that causes damage to the health of living systems and consequently to human beings. Currently, the Convention is not being complied with because Bolivia didn't issue reports on mercury emissions into the environment that could help define vulnerable sites and generate policies to control contamination. After the "Baseline Study on Mercury Uses, Emissions and Contamination" was presented in 2016, these reports were no longer updated. The main problem lies the in gold mining that poison the population that consume contaminated water and food such as fish.
The Early Warning System for Forest Fires (Satif) records 23 areas with persistent pockets of fire in the department of Santa Cruz. According to the Friends of Nature Foundation (FAN) report, more than 900,000 hectares burned in Bolivia between January and August of this year. Around 360,000 hectares have already consumed in Santa Cruz. The government is interested in repealing all regulations that encourage burning before the end of its mandate. Environmental sectors persistently expressed the urgency to abolish the norms that support the burning. Supreme Decree 3973, Law 1171 on the management of burns and Law 741 on the clearing of 20 hectares are the central laws mentioned.
On Thursday, in the city of La Paz, the Federation of Municipal Associations (FAM-Bolivia) met with the Ministry of Economy and Public Finance, to make Bs 800 million ($114.78 mn) of a loan granted by the CAF-Latin American Development Bank to the country for a total amount of $ 200 million.