Venezuela Increasing Influence in Bolivia
According to its website, Bandes is a "financial agent of the (Venezuelan) State, to attend projects oriented to economic desconcentration". Bandes was created by Chavez's administration and is a development bank. This bank has the power to operate both in Venezuela and on foreign soil. Also, reading to their mission statement, Bandes would probably like to be an alternative to the IADB.
The BIV, on the other hand, is a much older bank. According to their website is was created by the Venezuelan State in the 1930s and nowadays, the Venezuelan Finance Ministery is the majority stockholder. In 1999 the purpose of the bank was modified by law, so that they can now give credit to the agro sector. Perhaps this bank is entering Bolivia in order to help with the forthcoming land reform? According to the bank's mission statement, this bank should only be able to operate in Venezuela. Another hint to Bolivia becoming Southern Venezuela?
Both are state-controlled banks and will, presumably, serve no other purpose than giving logistic and financial support to Evo's soon-to-be dictatorship. Also, it is through these banks that Venezuela will increase its control of the Bolivian economy.
In a separate piece of news, La Razon reports that in the last four months, 1131 Venezuelan and Cuban citizens entered Bolivia. Although the government says that all of these came to Bolivia as tourists, in official visits, for work, business, transit and others, Podemos MP Hoz de Vila points out that before Evo's December election victory, Bolivia did not get as many visitors from these countries. So, he concludes, the political purpose of these visits should be clear. I must say I agree. I do not believe for one second that Cubans are able to travel freely and let alone as tourists!
And to think that there is still people out there that think that Evo is doing everything just for Bolivia.... it's just sad.
Bolivia, Bolivien, Evo, Evo Morales, Venezuela, Chavez, Hugo Chavez