IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,048.39 ▼ 0.67% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.19▲ 0.04% USD/MXN17.01▲ 0.07% USD/CLP933.85▲ 0.25% USD/COP3,212▲ 0.33% USD/PEN3.36▼ 0.12% USD/ARS1,509▼ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.51% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.01▲ 0.02% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,048.39 ▼ 0.67% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Latin America Bolivia

Bolivia and Chile Drop Diplomatic Visas, Deepen Trade and Air Links

By · April 28, 2025 · 2 min read

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Bolivia and Chile have taken a pragmatic step to improve bilateral ties by eliminating visa requirements for diplomatic and official passport holders.

This move, formalized at Viru Viru Airport in Santa Cruz, comes as both countries seek to strengthen cooperation, focusing on tangible economic and logistical benefits rather than symbolic gestures.

Officials from both sides signed the agreement as Boliviana de Aviación launched new direct flights connecting Bolivia’s main cities to Santiago and Iquique.

Diplomatic relations between Bolivia and Chile have remained limited since 1978, with historical disputes over Bolivia’s lost access to the Pacific Ocean shaping the relationship.

Despite these tensions, both governments now prioritize practical cooperation. The new visa policy aims to remove bureaucratic barriers for diplomats and their families, making official travel and coordination more efficient.

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Trade data underscores the economic imbalance between the two countries. In 2023, Chile exported $1.43 billion in goods to Bolivia, with mineral fuels, machinery, vehicles, and electronics leading the list. Mineral fuels alone accounted for $680 million.

Chile and Bolivia Strengthen Economic Ties

In contrast, Bolivia sent just $179 million in exports to Chile, mostly food industry residues, animal fats, and sugars. This gap highlights Chile’s dominant role as a supplier of industrial and consumer goods, while Bolivia remains a modest exporter of agricultural and basic products.

Recent agreements on border migration and anti-smuggling measures further reflect the shift toward functional cooperation. Both countries have established procedures for the repatriation of migrants.

Additionally, they have created a Border Neighbourhood Transit Card to facilitate short visits for residents in adjacent towns. Joint operations and information exchange at border crossings aim to curb smuggling, a persistent challenge in the region.

The launch of new Boliviana de Aviación routes marks another step in this pragmatic rapprochement. Twice-weekly flights from La Paz and Santa Cruz to Santiago and Iquique will improve access for business travelers and tourists.

Iquique’s free trade zone offers Bolivian importers tax advantages and faster logistics, while Santiago serves as a key hub for Bolivian exports of food and agricultural products.

Both economies stand to benefit from these developments. Chile’s projected growth of 2.3% in 2025, supported by rising real wages and investment in mining, creates a favorable environment for increased trade and travel.

Bolivia, meanwhile, gains better access to Chilean markets and infrastructure, helping its businesses reduce costs and expand opportunities. The new policies and routes do not erase historic disputes, but they signal a clear focus on mutual economic gain and practical solutions.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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