View article
View summary
Import Substitution is Working in BoliviaThe latest figures show that the MAS government’s economic policies are working and have produced concrete results in a very short time span.
Under the import substitution policies of socialist economist-turned-president, Luis Arce, Bolivia is seeing a marked
decrease in imports, while exports rose by 22.4% in February of this year compared to 2021. Data from the
Instituto Nacional de Estadística (INE) also shows an increase in non-traditional exports, both in volume and value.
https://youtube.com/watch?v=v=27BDEd2-Gzk
of Foreign Ministers and Trade Ministers of the
Andean Community held in Quito. The meeting saw the approval of the creation of the Committee of Government Authorities in Indigenous Peoples. Blanco says that the Committee, which has always been promoted by Bolivia, will seek greater participation of indigenous peoples from all four Andean countries in the integration process.
Ministers looked at possible coordinated joint actions to contribute to economic and social recovery within the sub-region. One positive advance was made on the issue of international roaming: Andeans will be able to circulate within the Andean Community without paying roaming charges to use their cell phones.
Another initiative being discussed is an Andean driver’s license, which would allow drivers to circulate through all four countries (Bolivia, Peru, Ecuador and Colombia) with a license that would be recognized throughout the Community. The possibility of an Andean driver’s license is also being considered. Tourist vehicles can already circulate through all four countries and the possibility of having joint tourist routes is being analyzed.
Blanco emphasized the importance of the Andean market for Bolivia which continues to be its main client for exported manufactured products and particularly for soy, chicken, and beef.
By Kawsachun News The post
Import Substitution is Working in Bolivia appeared first on
Kawsachun News.
Support Hubzilla
