President of Bolivia Evo Morales accused the United States of encourages drug trafficking in his country. From the AFP (via Google News): Bolivian leader Evo Morales on Thursday accused the US government of encouraging drug-trafficking as he explained his decision to banish the US Drug Enforcement Administration (DEA). Morales, a staunch opponent of the Washington government, said the [...]

The Bush Administration is proposing cuts in trade benefits for Bolivia due to the rampant drug trafficking in the country. From Bloomberg News: President George W. Bush called for a suspension of trade preferences that benefit Bolivia, saying the Andean country hasn’t done enough to fight drug trafficking. “Bolivia has failed to cooperate with the United States on [...]

According to the 2006 United Nations World Drug Report, the market value of coca produced in Bolivia based on farm-gate prices was $180 million in 2005. Source: United Nations Office on Drugs and Crime, “2007 World Drug Report,” June 2007, pg. 223-240.