Treaty of Commerce and Navigation between Bolivia and Chile

Bolivia and Chile signed a treaty focusing on mutual commerce and navigation. The treaty aimed to boost economic relations and facilitate trade between the two countries. As landlocked Bolivia sought access to the Pacific Ocean, this agreement was crucial for both nations. This treaty allowed Bolivian merchants to navigate freely through Chilean waters, enabling them to transport goods more efficiently. In return, Chile gained access to Bolivian markets, fostering economic growth for both parties. The treaty strengthened diplomatic ties and promoted peaceful cooperation between Bolivia and Chile. However, tensions arose in the following decades, leading to the loss of Bolivia's access to the sea during the War of the Pacific. This conflict had a lasting impact on Bolivia's economy and foreign relations. Despite the subsequent challenges, the Treaty of 1864 stands as a reminder of the once-fruitful partnership between Bolivia and Chile in the realm of commerce and navigation. #BoliviaChileRelations #CommerceDiplomacy #NavalAccess #EconomicPartnership