The U.S. Deputy Secretary of State is the department’s second‑ranking official who serves as the Secretary’s principal deputy, adviser and ‘‘alter ego,’’ acts as Acting Secretary when the Secretary is absent, and helps formulate and supervise U.S. foreign policy and Department operations—duties that are narrower and subordinate to the Secretary of State, who is the President’s chief foreign policy advisor and the cabinet officer with overall leadership of U.S. diplomacy.
Fernando Aramayo Carrasco is Bolivia’s Minister of Foreign Affairs (appointed November 2025); as foreign minister he leads Bolivia’s Ministry of Foreign Affairs (Cancillería), directs the country’s diplomatic and international relations, represents Bolivia abroad, and develops and implements foreign‑policy priorities and international cooperation programs.
President Rodrigo Paz Pereira is Bolivia’s head of state and government (sworn in November 2025); he sets national policy and leads the executive branch, including appointments of ministers such as the foreign minister referenced in the readout.
Major areas of U.S.–Bolivia economic cooperation include trade and investment across minerals and mining (Bolivia is a lithium and mineral producer), energy and hydrocarbons, agricultural trade, and development cooperation/technical assistance; U.S. firms and agencies also engage on regulatory, finance and commercial partnerships to expand market access and investment.
In practice, “strengthening commercial ties” means measures that increase bilateral trade and investment such as government‑to‑government commercial dialogue, trade missions and business delegations, investment promotion and facilitation, regulatory cooperation, trade‑and‑investment agreements or memoranda of understanding, improved market access and export promotion, and technical assistance or finance to support private‑sector projects.
No. The State Department readout is a brief meeting summary and does not mention any specific agreements, investment commitments, or timelines resulting from the meeting.