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U.S. and Bolivia to Restore Ambassadors After 17 Years as Paz Takes Office

Paz frames the reset as a pragmatic bid to attract capital for a strained economy.

Overview

  • The announcement came in a joint appearance by President Rodrigo Paz and U.S. Under Secretary of State Christopher Landau after the inauguration in La Paz.
  • Both governments said preliminary technical working groups are active to broaden cooperation in security, trade, education and foreign investment, with ambassador nominations yet to be announced.
  • Paz signaled openness to renewed U.S. security collaboration, saying a DEA return could be considered, though no formal decision has been made.
  • The new administration named a technocratic cabinet, including Foreign Minister Fernando Aramayo and Economy Minister José Gabriel Espinoza, to drive a market‑oriented recovery plan.
  • The diplomatic pivot carries regional fallout, with reports that the ALBA bloc suspended Bolivia, as Paz also seeks fuel supplies and dollars following pre‑inauguration meetings in Washington.