Identifier
Created
Classification
Origin
06SANTIAGO931
2006-05-04 19:40:00
UNCLASSIFIED
Embassy Santiago
Cable title:  

MEDIA REACTION - BOLIVIA

Tags:  OPRC KMDR KPAO CI BL 
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VZCZCXYZ0022
RR RUEHWEB

DE RUEHSG #0931 1241940
ZNR UUUUU ZZH
R 041940Z MAY 06
FM AMEMBASSY SANTIAGO
TO RUEHC/SECSTATE WASHDC 9042
RUEHLP/AMEMBASSY LA PAZ 4599
UNCLAS SANTIAGO 000931 SIPDIS SIPDIS STATE FOR IIP/G/WHA, INR/R/MR, WHA/BSC, WHA/PDA, INR/IAA AMEMBASSY FOR PAO/IO E.O. 12958: N/A TAGS: OPRC KMDR KPAO CI BL SUBJECT: MEDIA REACTION - BOLIVIA On May 4, business and financial daily "Diario Financiero" (circ. 20,000) carried an editorial entitled, "The Effect of Bolivia's Decision." Quote: "Although we do not know much about the new regime in Bolivia, it is clear that nationalized companies will not be compensated. It is also fairly evident that Bolivia's decision marks only the beginning of a new stage.... Morales' decision is a setback and in the long term will bring more damage than benefit to his country. How can Bolivia develop its own energy resources and what foreign company will want to invest in Bolivia with these laws...that will unquestionably hurt its growth and bury it in increasing poverty?" KELLY

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