According to a report of the Central Bank of Bolivia (BCB), at the end of 2020, Foreign Direct Investment (FDI) fell $217 million in 2019, and in 2020 the fall was $831 million, reaching an accumulated negative behaviour of $1.05 billion in the two years mentioned.
The Government of Argentina granted guarantees from the National Treasury for $200 million for public credit
The Chamber of Industry, Commerce and Services (Cainco) reports that the country loses $35 million annually through meat smuggling, $70 million through illegal sugar trade and $61 million through the illicit import of wheat flour. To these must be added the 408 million Bolivianos ($58 million) reported as damaged by the Corn and Sorghum Producers Association (Promasor) due to grain smuggling into the country.
At such a hard time caused by the economic crisis caused by the pandemic, the Eastern Chamber of Agriculture (CAO) and its affiliated institutions demand immediate attention from the different levels of government to stop this unfair competition caused by smuggling and that generates the loss of approximately $ 400 million for this sector.