On January 1st local time, Bolivian President Arce announced that as of today, Bolivia has officially become a BRICS partner country.
Arce stated that becoming a BRICS partner country not only opens new doors for Bolivia but also aids Bolivia in expanding its diverse business relationships with other partner countries in a vibrant and growing market.
Arce emphasized that being a BRICS partner allows Bolivia the opportunity to promote the development of key sectors such as energy, trade, technology, manufacturing, and sustainable finance.
On November 8, 2024, Bolivian President Arce announced that Bolivia has officially received and accepted the invitation to join the BRICS cooperation mechanism.