Vietnam and China
In the light of the declining U.S. economy following the economic crisis of 2008, Bolivian trade officials looked for alternative markets to close an export gap with trade reduction between the U.S. and Bolivia. The country chose Vietnam and China in this regard. Deputy Foreign Minister Pablo Guzman said he would be looking into the possibility of signing bilateral trade agreements with the two countries. The move was said to not only cover the gap, but also expand exports in general.
Read more about this topic: Foreign Policy Of Evo Morales
Famous quotes containing the words vietnam and/or china:
“Let us understand: North Vietnam cannot defeat or humiliate the United States. Only Americans can do that.”
—Richard M. Nixon (1913–1992)
“Consider the China pride and stagnant self-complacency of mankind. This generation inclines a little to congratulate itself on being the last of an illustrious line; and in Boston and London and Paris and Rome, thinking of its long descent, it speaks of its progress in art and science and literature with satisfaction.... It is the good Adam contemplating his own virtue.”
—Henry David Thoreau (1817–1862)