Bolivia proposes multi-million dollar energy cooperation with Brazil and Chile.

Bolivian President Rodrigo Paz presented a proposal for cooperation in the energy sector with Brazil and Chile during the International Economic Forum for Latin America and the Caribbean in Panama City. The initiative is part of a larger plan for regional economic and logistical integration, according to Bolivian and Brazilian representatives present at the event.

Rodrigo Paz highlighted that Bolivia's strategic geographic position, with five borders and access to several logistics corridors, could transform the country into an energy and infrastructure hub between the Pacific and Atlantic oceans, benefiting all three countries involved.

In his speech, the Bolivian president argued that energy cooperation should be a central part of this regional integration effort, including access to energy grids, transportation infrastructure, and logistics for natural gas and other energy inputs.

The proposal suggests that improvements in energy supply chains and infrastructure could generate mutual economic benefits and reduce energy export and import costs between countries, according to local press reports.

Paz argued that, just as Bolivia can facilitate logistics and trade routes, it can also contribute to strengthening energy connections in the subcontinent, with greater integration of gas pipelines, transmission networks, and potential cooperation in renewable energies in the future.

President Luiz Inácio Lula da Silva and his Bolivian counterpart confirmed that they will hold a bilateral meeting between March and April 2026 to further discuss regional integration routes, Bolivian access to ports, and areas of cooperation in the energy and infrastructure sectors.

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