Bolivia Seeks Markets Abroad | Bolivia busca mercados en el exterior

By Erika Segales, El Deber:

Trade, Technology and Agriculture Gain Ground in the Country’s External Economic Agenda

Comercio, tecnología y agro ganan espacio en la agenda económica externa del país

This Monday, President Rodrigo Paz continues his international agenda with bilateral meetings in Brazil, and a delegation of 80 business leaders will participate in a dialogue in São Paulo. The approval of an investment law remains pending.

Trade, technology, and agribusiness are beginning to consolidate as the most visible pillars of Bolivia’s external economic agenda. In recent months, international efforts by the government and the private sector have focused on opening markets, promoting productive business opportunities, and seeking investment, in an attempt to diversify the country’s commercial opportunities beyond traditional sectors.

“We are going to open markets, step by step, so that Bolivia can produce and sell to the world,” said President Rodrigo Paz before departing for the United States to participate in the “Shield of the Americas” summit. This Monday the head of state continues his international agenda seeking to open markets in Brazil.

Unlike previous periods, when international relations were concentrated on political cooperation or multilateral affairs, the new approach repeatedly highlights sectors such as foreign trade, technological innovation, agroindustrial production, and tourism services in bilateral meetings, economic forums, and business gatherings.

The emphasis on these sectors also responds to the challenges facing the Bolivian economy, which seeks to expand its export base and generate new sources of income in a regional and international context marked by transformations in energy, food, and technology markets.

Advances in agriculture and trade

One of the most visible fronts of the external economic agenda is the agricultural sector, particularly the opening of new markets for food production. In recent months the government has promoted negotiations aimed at expanding export destinations for Bolivian products, with emphasis on beef, which appears as one of the sectors with the greatest potential for expansion.

Within this framework, Paraguay authorized three Bolivian meat-processing plants to export beef to its market. Alongside this development, Bolivia is also working to enable new markets in the region.

The Minister of Productive Development, Óscar Mario Justiniano, indicated that Chile appears as the next destination for the export of Bolivian beef and milk, in a negotiation process that is in its final stage.

Efforts in the agricultural field also include outreach with other countries in the region. In a meeting with the ambassador of El Salvador, Ana Guadalupe Rivas, Bolivian authorities analyzed trade opportunities related to beef, genetic material, and agricultural products.

According to the Ministry of Productive Development, the objective of these meetings is to strengthen bilateral cooperation and generate new opportunities for the national productive sector.

In parallel with the push for the agricultural sector, the government has developed an agenda aimed at expanding Bolivia’s commercial integration into international markets.

This process of commercial opening is also occurring in a regional context marked by the association agreement between Mercosur and the European Union, which after more than two decades of negotiations gave way to one of the largest free trade zones in the world.

Meetings in the United States

The Bolivian delegation held meetings with different governments during the recent international agenda carried out in the United States, where bilateral meetings were also held with several countries on the continent.

The conversations included delegations from El Salvador, the Dominican Republic, Costa Rica, Honduras, Argentina, and Chile, among other countries, with whom various issues of bilateral cooperation were addressed.

Among the matters discussed were economic areas related to tourism, trade, and the development of regional infrastructure, in addition to projects related to bioceanic corridors and other mechanisms of economic integration, climate pressures, and technological pressures, among other topics.

Within the framework of the visit to the North American country, Foreign Minister Fernando Aramayo said a few days ago that conversations for trade agreements had already begun and announced a visit by a group of U.S. business representatives in the coming weeks.

“We will soon have another North American business group that will visit the country in the coming weeks, and within this framework one of the components that is already part of the agenda developed over the past three weeks is also being carried out with the support of an extensive mission from the Millennium Corporation,” he said.

Mission to Brazil

President Paz met with Lula da Silva in Panama

Within this international economic agenda, one of the next activities will be the official visit to Brazil that President Rodrigo Paz will lead at the invitation of his counterpart, Luiz Inácio Lula da Silva.

The agenda includes bilateral meetings between both presidents in Brasília, as well as working meetings between ministers from both countries to address different aspects of the bilateral relationship.

According to the foreign minister, the discussions will include matters related to the environment, agriculture, security, migration, and cooperation in water resources, in addition to border infrastructure projects such as the bridge between Guayaramerín and Guajará-Mirim.

During the visit, the signing of five bilateral agreements is also expected, which will be announced by both presidents.

Afterward, the Bolivian delegation will travel to the city of São Paulo, where a business dialogue will take place with the participation of companies from both countries. A delegation of approximately 80 Bolivian business leaders will participate in that meeting and will hold discussions with representatives of the Brazilian private sector.

“We will have a business dialogue in different sectors to present what the economic conditions and strategic sectors are in matters of energy, fuels, agribusiness, and environmental financing,” said Aramayo.

The meetings are also expected to include sectoral encounters between Bolivian and Brazilian business leaders aimed at identifying opportunities for business and productive cooperation.

Business expectations

The export sector is observing with interest the expansion of the country’s international economic agenda and the possibility of generating new spaces for commercial cooperation. The president of the National Chamber of Exporters of Bolivia (Caneb), Osvaldo Barriga, stated that strengthening diplomatic relations can translate into better conditions for foreign trade.

“For the first time we will be able to go in a large delegation to generate major business deals, important deals, with the presence of the government accompanying us, not in spite of the government,” Barriga said.

Barriga also pointed out that although Bolivia maintains a trade surplus with Brazil due to gas exports, the balance in other products is negative, which reinforces the importance of expanding trade in productive sectors.

In 2025, Bolivia reached $1.237 billion in exports to the South American giant, according to data from the Bolivian Institute of Foreign Trade (IBCE). Among the main products sent to that market are natural gas, urea, natural and calcined ulexite, antimony oxides, aluminum scrap and waste, as well as denatured tallow, among others.

However, imports from Brazil exceeded Bolivian exports, reaching $1.420 billion, reflecting a trade balance unfavorable to our country. Among the main imported products are beverage preparations, malt beer, iron or steel bars, chemical wood pulp, polypropylene, particle boards, live domestic roosters and hens weighing up to 185 grams, and copper electrical conductors, among others.

Pending law

The National Chamber of Industries (CNI) presented its investment bill on February 18.

Concern about the institutional framework has been raised by the international business community. A few days ago, the president of the Official Spanish Chamber of Commerce in Bolivia, Ildefonso Núñez, noted that legal certainty is one of the key factors in attracting new foreign investment to the country. The executive emphasized that the country has broad productive potential, but that in order to materialize larger projects it is necessary to strengthen legal conditions.

Ten days ago, the National Chamber of Industries (CNI) issued a public statement expressing concern over delays in legislative decisions linked to the economic agenda. In the document, the sector recalled that it had presented to the Legislative Assembly a package of proposals aimed at strengthening the investment climate and generating conditions for the country’s productive reactivation.

“Every month without decisions generates uncertainty, postponed investments, legal insecurity, and lost opportunities, affecting workers, families, small businesses, and national industry,” the statement released by the business organization says.

The industrial sector’s draft proposal was presented on February 18 to the president of the Chamber of Deputies, Roberto Castro. The document proposes incorporating principles such as fair and equitable treatment for investors, freedom to transfer capital, and free currency convertibility. It also proposes the creation of a National Superintendency of Investments and a National Registry of Investment Contracts, as well as tax incentives, special economic zones, and the recognition of international arbitration as the preferred mechanism for resolving disputes.

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