Brazil Gets Port on Pacific Coast and China Becomes Much Closer

Presidents Bachelet, Morales and Lula from Brazil The presidents of Brazil, Bolivia, and Chile met in the Bolivian capital La Paz, on Sunday, December 16, to clinch a deal for South America's first east-west highway, linking Brazil's Atlantic coast to Chile's Pacific coast via Bolivia.

The massive project is expected to be finished in 2009, according to Brazilian President Luiz Inácio Lula da Silva, and will benefit the three nations by speeding up trade between them and with the rest of the world.

Local businessmen said the future 4,700-kilometer (2,900-mile) highway will especially benefit Brazilian exporters to Asia and Asian companies seeking greater access to Brazil's 180 million consumers.

For landlocked Bolivia, the transcontinental highway will carry 70% of its exports, said Bolivia's Highway Administration President Patricia Ballivian.

Chile said it would invest US$ 92 million to improve roads leading from its coastline to Bolivia, while Brazil announced a similar, US$ 162 million investment on its end of the proposed roadway.

During his two-day visit to La Paz, Lula also announced the resumption of Brazilian investment in Bolivia's energy sector, to the tune of US$ 750 million.

Brazil's and Bolivia's state-run oil companies, Petrobras and YPFB respectively signed an agreement for the joint exploitation of Bolivia's gas and crude oil resources.

During her five-hour stay in La Paz, Chilean President Michelle Bachelet also discussed Bolivia's long-standing demand for an outlet to the Pacific Ocean, which it lost in a war with Chile in the late 19th century.

On her arrival here Sunday, Bachelet said she was "convinced (Bolivia and Chile) should integrate as sibling nations."

En route to Bolivia's presidential palace, Bachelet broke protocol by descending from her car and shaking hands with people outside the building, many of whom were waving Bolivian and Chilean flags and asking her to let Bolivia regain a chunk of Pacific coastline.

Meanwhile, Bolivian President Evo Morales on Sunday called for talks with the governors of four rich western provinces of Bolivia who on Saturday announced steps toward greater autonomy, triggering countrywide demonstrations for and against Morales' leftist government.

Bolivia is in the grips of a constitutional crisis after an assembly run by Morales supporters approved a draft constitution enshrining a socialist agenda that includes redistributing the country's wealth from the rich lowlands to the poor highlands.

Mercopress

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  • Show Comments (7)

  • forrest allen brown

    I remember well at all times joao
    just look to the right on this page and see who brasil is in bed with
    and what will there kids look and live like

    when too many chinese were killed in panama the chinese gov
    moved to send police or troops to provide a safe place in whith for there people to work

    now brasil may want too use them to clear cut the drug gangs and prostution

  • João da Silva

    forrest
    [quote]REMEMBER HOUNDURAS[/quote]

    [quote]when hong cong was going to be given back to china
    the then president of houndras sent his family over and sold citisenship
    papers to any chinese who could afford the $50.000 [/quote]

    I do remember your narration of the history. You seem to have very good memory, when it is Convenient to YOU. Typical of Texans. 🙁

  • João da Silva

    Ch.c
    [quote]is Brazilian bulls**t any better than Morales, Chavez and Kirchner & Co (Mr and Mrs Kirchner for the & Co) ???? [/quote]

    Spot on, old chap. A bunch of Caudilhos, if I may venture my (humble and stupid) opinion.

    [quote]And was…….redistributing the country’s wealth…..not Lula FIRST priority…..since he started as a unionist decades ago and then as President ???????
    Where does he stand…..TODAY ????? [/quote]

    A great observation. I am also waiting the accomplishments of this Union leader (Is the word “Unionist” commonly used in Switzerland to describe a Commie?). I don’t have to give you a big lecture about these Unionists. They talk a lot and come out with nothing.

    As for Mrs & Mr.Kritchner, hope they don’t come for a vacation to our state and decide to go to Geneva instead :D. I am sure,you with your well known diplomacy, will be able to put up with them (naturally for a good “Consulting fee”)

  • forrest allen brown

    REMEMBER HOUNDURAS
    when hong cong was going to be given back to china
    the then president of houndras sent his family over and sold citisenship
    papers to any chinese who could afford the $50.000

    i can see the same thing comming in the not to near for all 3 countries

  • ch.c.

    to Joao :
    the real question is :
    is Brazilian bullshit any better than Morales, Chavez and Kirchner & Co (Mr and Mrs Kirchner for the & Co) ????

    And was…….redistributing the country’s wealth…..not Lula FIRST priority…..since he started as a unionist decades ago and then as President ???????
    Where does he stand…..TODAY ?????
    Well…Brazil is still one the worst country on earth….in the ranking of wealh INEQUALITY !

    Sad truth !

    LAUGH….LAUGH…LAUGH….LAUGH….LAUGH !!!!!!

  • João da Silva

    [quote]Bolivia is in the grips of a constitutional crisis after an assembly run by Morales supporters approved a draft constitution enshrining a socialist agenda that includes redistributing the country’s wealth from the rich lowlands to the poor highlands.[/quote]

    What this article did not mention was that OUR minister of Justice fainted during the speech given by El Presidente Morales. I guess he was overwhelmed by emotions or could not take Morales’s bullshit any further!

  • ch.c.

    Ohhhh yesssssss…….
    ….you can now buy MORE Textile from them, instead of puting import restriction !!!!!!!!!

    Ohhhh this is NOT what you mean ?

    😀 😉 😀 😉 😀 😉 😀 😉 😀 😉

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