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Its President Evo Morales has finally clinched the deal with the companies that makes his position stronger and will in the long run help the economy of Bolivia. He claimed that the revenues from the sector to the government will go up from $1 Billion to $4 Billion in the next 4 years. This also marks as a major win for his political career as most people were critical about his plans saying that they will not succeed. He has embarked on a journey to get back the natural resources of Bolivia from the foreign companies and strengthen the economy.
In a signing ceremony he said "What we are doing here is exercising our property rights, as Bolivians, over our natural resources without evicting anyone, without confiscating," he said...
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