🌍🏛️ EU allocates €11 million cooperation package to Bolivia

Oneliner

The European Union has announced a €11 million cooperation package for Bolivia, focusing on environmental conservation, climate change, and alternative crops to coca. This initiative, part of a new diplomatic phase under President Rodrigo Paz, aims to strengthen ties with Europe and the U.S. The funding includes €3 million for drug trafficking prevention and €9 million for green energy projects. A roadmap for collaboration on critical raw materials, including lithium, has also been established.

Key points

• The EU has committed €11 million to support Bolivia's environmental and agricultural initiatives.
• Funding will focus on climate change, alternative crops, and drug trafficking prevention.
• The cooperation marks a shift in Bolivia's foreign relations under President Rodrigo Paz.
• A roadmap for EU-Bolivia collaboration on critical raw materials, including lithium, has been established.

Links

• Deutsche Welle: La UE promete millonaria cooperación a Bolivia
• La Libre: L'UE annonce une coopération de plusieurs millions d'euros avec la Bolivie

Facts

• The EU allocated €11 million for cooperation with Bolivia on February 5, 2026.
• Funding will support environmental conservation, climate change initiatives, and alternative crops.
• An agreement worth €3 million was signed with the UNODC for drug trafficking prevention.
• Plans for solar power plants in Oruro are in development, with financing from the European Investment Bank.

Quotes

• Mission accomplished. This is a mission of tangible, concrete results that will have an impact on the Bolivian population — Pelayo Castro

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