Paraguay and Bolivia highlight that the Bioceanic Route will be a strategic bridge for regional trade

Asunción, IP Agency.- The Capricorn Axis Bioceanic Route is profiled as a vital artery for South American trade. This trade corridor is the result of a strategic alliance between the departmental governments of Santa Cruz, Bolivia, and Alto Paraguay, Paraguay.

The aforementioned route promises to move an average of 19 million tons of cargo per year using 1.2 million trucks, generating estimated income of Bs 1.3 billion for the Santa Cruz region.

It is the result of a strategic alliance between the departmental governments of Santa Cruz, Bolivia, and Alto Paraguay, Paraguay, offering Bolivian producers direct access to international markets through the Paraguay-Paraná waterway and the Bioceanic Route.

The governor of Alto Paraguay, Arturo Méndez, highlighted the importance of this collaboration, which makes his region a key partner for the export of Santa Cruz products, especially soybeans and minerals. “With this agreement, we are opening an access route to Hito VII and from there to Alto Paraguay, thus facilitating exports,” said Méndez.

The projects agreed upon between the authorities of Beni and Santa Cruz will not only strengthen trade, but will also have a significant impact on employment, with the creation of 45,000 direct and indirect jobs and the revitalization of 3.8 million hectares of productive territory Santa Cruz

Mario Aguilera, acting governor of Santa Cruz, highlighted that the route will generate annual income of 186 million and will allow transporters to save 17 hours on their way to Paraguayan ports, thus optimizing economic returns.

The Paraguayan route, which extends from Capitán Carmelo Peralta to Pozo Hondo on the border with Argentina, crosses the Paraguayan Chaco and measures 532 kilometers in length. The waterway, for its part, is a natural river corridor of more than 3,400 kilometers, allowing continuous navigation between the ports of five countries: Argentina, Brazil, Bolivia, Paraguay and Uruguay.

José Luis Farah, president of the Eastern Agricultural Chamber (CAO), sees the agreement as not only a regional but also a national commitment, facilitating the departure of Bolivian cargo to nearby ports. “This represents a significant advance for the continent, since both Bolivia and Paraguay are large agricultural producers,” Farah said.

In terms of production, Santa Cruz reported a harvest of 5.8 million tons of grains last year, an increase of 29% compared to 2022. However, the current drought has caused losses of $300 million in soybean plantations, highlighting the urgency of adopting biotechnology to mitigate adverse climate effects.

This development promises not only to strengthen the local economy, but also to consolidate the shared identity and culture between the regions, marking a new chapter in the history of South American trade.

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2024-04-22 13:57:40

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