Bolivia Implements Zero Tariffs on Key Imports to Boost Oil and Meat Production
LA PAZ, BOLIVIA – In a move to stabilize prices and ensure sufficient domestic supply, the Bolivian government announced a temporary reduction of import tariffs to zero on essential inputs for oil and meat production. The measure, effective from May 28th to December 31st, 2025, covers a range of products, including baby chicks, yellow corn, vitamins, and vaccines.
"This decision is crucial for ensuring the availability of affordable oil and meat for Bolivians," stated a government spokesperson in a recent press conference. The spokesperson further emphasized the government's commitment to supporting local producers and stabilizing the market amidst fluctuating global prices.
The National Customs of Bolivia has publicly listed the specific products included in the tariff reduction, ensuring transparency and facilitating smooth import processes. This move has been widely welcomed by agricultural businesses and consumers alike, offering a glimmer of hope for price stability during the coming months. The government's commitment to maintaining domestic supply is a positive step in addressing economic challenges and ensuring food security in Bolivia.
[embed]https://www.tiktok.com/@redunotv/video/7511538049952648454[/embed] | Desde este 28 de mayo hasta el 31 de diciembre, el Gobierno estableció ar…