Bolivia, Chile coordinate relaunch of bilateral commercial ties
La Paz, Mar 25 (Prensa Latina) Bolivian government announced Wednesday that it is coordinating with Chile to hold a virtual meeting so as to reactivate commercial ties amid the bilateral debate over Bolivia´s sea access.
The virtual meeting has not yet an agreed date, but it will be held between April and May and based on a bilateral Economic Complementation Agreement (ECA), Benjamin Blanco, deputy minister of Foreign Trade and Integration, told Red Uno.
Bolivian-Chilean commission in charge of supervising the document in force since 1993 stopped meeting about 10 years ago, so next gathering 'will relaunch economic and commercial relations between the two states,' added Blanco.
This Agreement lays the foundations of the integration of both economies and aims to ease, expand and diversify the commercial exchange of goods and services.
It also establishes the promotion of productive activities in the two countries, facilitates investments by one in the other's infrastructures, and promotes the creation of conditions for mutual trade.
Dealing with commercialization of meat, sugar shares and the fight against smuggling are included on the bilateral agenda agreed for forthcoming meeting, said the vice minister.
Blanco admitted the incidence in these negotiations of Bolivia´s historical landlocked dispute, but decried this is 'a drawback to move on to other issues of interest on the bilateral agenda.'
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