For the third consecutive year, the firm PPO Abogados (PPO) sponsored and hosted the GC Powerlist: Bolivia 2024, an event by the prestigious British directory THE LEGAL 500, which aims to recognize the performance of the most notable General Counsels (GCs) in Bolivia and emphasize the role they fulfill in their companies.
For the third consecutive year, the firm PPO Abogados (PPO) sponsored and hosted the GC Powerlist: Bolivia 2024, an event by the prestigious British directory THE LEGAL 500, which aims to recognize the performance of the most notable General Counsels (GCs) in Bolivia and emphasize the role they fulfill in their companies.
PPO Abogados is pleased to announce that Jose Luis Tufiño has joined as a partner, expanding its partnership to 11. He has more than three decades of experience advising clients from various industries on tax matters.
This article reflects the modifications made to Supreme Decree No. 181 through Supreme Decree No. 5216 on September 4, 2024, which open the possibility for both Municipal Autonomous Departmental Governments, as well as National Strategic Public Companies (EPNE, for its acronym in Spanish), to initiate procurement processes for Public Works Concessions, and not just for the use of public domain assets and the provision of public services as had been the case until now.
On June 28, 2024, the Financial Investigation Unit (“UIF”) approved Administrative Resolution No. UIF/29/2024 (“RA 29/2024)”) through which, among others:
We are in an era marked by technological advances and shifts in the global energy landscape, which has led to a shift in the mining industry’s interest from traditional industrial minerals, such as tin or zinc, to those of increasing importance like lithium, technological minerals, and rare earth elements. These minerals are crucial for the production of batteries, electronic circuits, microchips, and other high-demand electronic components.
Given the pre-colonial existence of indigenous communities, nations and rural indigenous peoples, the Bolivian State recognizes among its fundamental bases their participation in the different areas of economic development, such as mining. That is to say that, from the beginning, the mining activity carried out in Bolivia has been conditioned not only by purely legal and technical aspects, but also includes an extremely strong and determining social component when it is carried out.
As a result of fiscal rescue policies and public spending geared towards welfare, combined with trade conflicts among economic powers, many countries face the challenge of ensuring stability and promoting economic growth.
Within the framework of the objectives of the Bolivian Government, the country advances in the transition from traditional mining to technological mining, focused on the exploration, prospecting, exploitation, and commercialization of technological minerals and rare earths. This initiative seeks to diversify the national economy and increase the income generated by mining.
