ASSESSMENTS
Bolivia: Nationalized Oil and Gas
May 1, 2006 | 23:25 GMT
Summary
Bolivian President Evo Morales signed a decree May 1 by which Bolivia nationalizes its oil and gas resources. Nationalization was one of Morales' main campaign promises. While Morales had apparently flip-flopped on his policies to allow the unrestricted growing of coca, he was facing increasing pressure to act soon on some of his campaign promises. Now he is starting to deliver.
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