Bolivia will control the transfer of cattle to border areas to avoid speculation

The Bolivian government has decided to prohibit the transfer of cattle to the borders and to toughen sanctions to prevent their illegal sale at the country's borders, within the framework of regulation and control of food leakage with the aim of combating shortages and price speculation in the domestic market. The administration of Luis Arce established a fine of up to 2,000 Bolivian pesos (equivalent to about 290 dollars at the official exchange rate) for those who transport cattle on the hoof to border areas to sell them to neighboring countries, explained the Minister of Productive Development and Plural Economy, Néstor Huanca, at a press conference. "In neighboring countries they are paying a better price and therefore it is expected that the smuggler will transport this cattle on the hoof and in this way they tend to create a shortage of beef in the national territory," said the authority and reported that previously the fine was equivalent to 10 dollars. The new government ...