Close

Bolivia, Chile eliminate diplomatic visa requirements; countries launch direct flights, expand trade as bilateral exports reach US$1.6B in 2023

Apr 28, 2025 MENAFN 3 min read

Exclusive Industry Insights

By submitting, you agree to our Privacy Policy

Share this article:

April 28, 2025 (MENAFN) –

MENAFN

This move, formalized at Viru Viru Airport in Santa Cruz , comes as both countries seek to strengthen cooperation, focusing on tangible economic and logistical benefits rather than symbolic gestures.

Officials from both sides signed the agreement as Boliviana de Aviación launched new direct flights connecting Bolivia's main cities to Santiago and Iquique.

Diplomatic relations between Bolivia and Chile have remained limited since 1978, with historical disputes over Bolivia 's lost access to the Pacific Ocean shaping the relationship.

Despite these tensions, both governments now prioritize practical cooperation. The new visa policy aims to remove bureaucratic barriers for diplomats and their families, making official travel and coordination more efficient.

Trade data underscores the economic imbalance between the two countries. In 2023, Chile exported $1.43 billion in goods to Bolivia , with mineral fuels, machinery, vehicles, and electronics leading the list. Mineral fuels alone accounted for $680 million .

Chile and Bolivia Strengthen Economic Ties

In contrast, Bolivia sent just $179 million in exports to Chile , mostly food industry residues, animal fats, and sugars. This gap highlights Chile's dominant role as a supplier of industrial and consumer goods, while Bolivia remains a modest exporter of agricultural and basic products.

Recent agreements on border migration and anti-smuggling measures further reflect the shift toward functional cooperation. Both countries have established procedures for the repatriation of migrants.

Additionally, they have created a Border Neighbourhood Transit Card to facilitate short visits for residents in adjacent towns. Joint operations and information exchange at border crossings aim to curb smuggling, a persistent challenge in the region.

The launch of new Boliviana de Aviación routes marks another step in this pragmatic rapprochement. Twice-weekly flights from La Paz and Santa Cruz to Santiago and Iquique will improve access for business travelers and tourists.

Iquique's free trade zone offers Bolivian importers tax advantages and faster logistics, while Santiago serves as a key hub for Bolivian exports of food and agricultural products.

Both economies stand to benefit from these developments. Chile 's projected growth of 2.3% in 2025, supported by rising real wages and investment in mining, creates a favorable environment for increased trade and travel.

Bolivia , meanwhile, gains better access to Chilean markets and infrastructure, helping its businesses reduce costs and expand opportunities. The new policies and routes do not erase historic disputes, but they signal a clear focus on mutual economic gain and practical solutions.

Legal Disclaimer:

MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistribute or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Stay Ahead of Changes

Don't Wait. Stay Informed.

The world and your industry are changing too fast. You need to know what's happening, and our Legislation Monitor can help. It's a critical resource for anyone who wants to stay ahead of regulatory and legal challenges. Then, discover the other ways that Industry Intelligence Inc. can help your business.

Cookie Preferences

This website uses cookies to enhance your browsing experience, analyze site performance, and deliver personalized content. We use a minimal cookie to remember your preferences. For detailed information about our cookie usage, please review our Privacy Policy.