By Brújula Digital: Martínez warned that this measure violates the 1904 Treaty and its 1937 supplementary protocol, which guarantee Bolivia free transit “at all times, in all places, and for all types of goods.” Stranded trucks / Unitel Diplomat and international affairs analyst Ricardo Martínez described as “an unfriendly and bad-faith action” the unilateral decision by the…
Category: Business
Three Factors Will Shape the Course of Private Fuel Imports | Tres factores marcan el rumbo de la importación privada de carburantes
By Erika Segales, El Deber: Fuel supply lines continue, mainly in the country’s central axis. / Photo: Ricardo Montero The opening of the fuel market represents a significant change aimed at ending the monopoly and reducing pressure on international reserves, but it requires dollars, efficient logistics, and clear regulations The availability of U.S. dollars, logistics…
Roadblocks and Legal Uncertainty Could Push the Dollar Higher | Bloqueos e inseguridad jurídica pueden elevar precio del dólar
By El Diario: Under the new floating exchange rate system, roadblocks and legal uncertainty are likely to cause the U.S. dollar to appreciate against the boliviano, according to Ramiro Cavero, an economist with Alianza Libre. For that reason, he argues that a climate of social stability is needed to attract capital from foreign investors. Unlike…
What Happens to Antichresis Agreements After the New Exchange Rate? | ¿Qué pasa con los anticréticos tras el nuevo tipo de cambio?
By Milton Condori, Vision 360: Experts Respond Economist Fernando Romero says the party most affected will be the property owner, who will have to make a “greater financial effort.” Attorney Jorge España stated that if there is any intention to modify existing contracts, consensus between the parties must prevail, since noncompliance could lead to legal…
Private Fuel Sales, Prices to Follow Global Markets | Venta de Combustible Privado, con Precios Según el Mercado Mundial
By Unitel: Fuel Stations Project Start of Sales of Privately Imported Fuel “as Early as August 6” The price of fuel imported by private companies will be variable and will depend on international market conditions, according to Asosur Lines at service stations A new decree allowing private companies to import fuel puts an end to…
Asoban Assures That the New Exchange Rate Will Not Affect Loans or Savings in Bolivianos | Asoban asegura que el nuevo tipo de cambio no afectará los créditos ni los ahorros en bolivianos
By Ernesto Estremadoiro, El Deber: The exchange rate is quoted at Bs 9.76 per dollar / Photo: Social Media The banking sector stated that the financial system is prepared to operate under the new exchange-rate regime and announced that, beginning July 15, the gradual return of dollar deposits will continue. The Association of Private Banks…
