Cadex: Soybean Export Ban is a “Coercive” Measure of the Government’s “Interventionist Model” | Veto a la exportación de soya es una medida “extorsiva” del “modelo intervencionista” del Gobierno

By Yerko Guevara, Unitel; Eju.tv:

“There are always some kind of restrictions. Every time someone complains that a price is high, instead of verifying if it is being smuggled, they restrict exports,” criticized the president of Cadex.

For Barriga, authorities should focus on providing solutions to attract more foreign currency from external markets.

After the soybean sector warned of the halt in the issuance of domestic supply certificates—a requirement for export authorization—Oswaldo Barriga, president of the Santa Cruz Chamber of Exporters, Logistics, and Investment Promotion (Cadex), called the measure “extortionate” and blamed the state’s “interventionist model.”

“This interventionism discourages production, and lower production leads to shortages. We should have the freedom to export. A year ago, during a government assembly with the Confederation of Private Entrepreneurs of Bolivia, a commitment was made to lift export restrictions. Where is it?” Barriga questioned at a press conference.

Barriga also pointed out that restrictions have intensified since December, first with a similar situation concerning cooking oil and later with beef exports.

“If you don’t comply with something, they restrict your exports. It’s an extortionate measure. Bolivia needs freedom to export, the removal of price bands, and the elimination of quotas,” the leader insisted.

For Barriga, authorities should focus on solutions to bring in more foreign currency from external markets, which would help stabilize the economy—especially since these dollars are essential for purchasing inputs required by the productive sector.

“Every time they control the price of a product, it ends up being smuggled to Peru, Argentina, or Brazil, and meanwhile, they label us as political. We just want to work, produce, invest, export, and create jobs,” he added.

Despite last year’s climatic and production challenges, soybean production surpassed 2 million tons, while domestic demand stands at approximately 800,000 tons, according to the Oilseeds and Wheat Producers Association (Anapo).

“There are always some kind of restrictions. Every time someone complains that a price is high, instead of verifying if it is being smuggled, they restrict exports,” Barriga concluded.

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