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Bolivia confirms rejection to sign FTA with US

Sunday, 20 November 2011


LA PAZ, Nov 19 (Xinhua): Bolivia reiterated Friday its definite rejection to sign a free trade agreement (FTA) with the United States due to great trade imbalance between the two countries. "We can't sign, under any arguments, a free trade agreement with the United States because it means a plunder of our natural and productive resources, besides the great commercial differences we have," said the country's Minister of Foreign Affairs David Choquehuanca. "We have to defend the interests of our country and businessmen, an FTA should benefit the Bolivians and not drain us," he said. Bolivia and the United States have already inked a framework agreement on trade, Choquehuanca said, calling for the United States to abide by the deal with mutual respect.