Bolivia virtual phone numbers

Bolivia has specific regulations governing telemarketing to protect consumers from unwanted calls.

• Telemarketers must comply with the Telecommunications, Information Technology and Communication Law (Law 164), which includes restrictions on calling hours, from 8 AM to 9 PM local time (Source: ActiveProspect)
• Telemarketers are required to obtain prior express written consent from consumers before making telemarketing calls, especially if using automated dialing systems (Source: Federal Trade Commission)
• Businesses must maintain their own internal Do Not Call lists and honor consumer requests to be added to these lists, and also check the National Do Not Call Registry (Source: ActiveProspect)

These regulations highlight the need for telemarketers to respect consumer privacy and adhere to specific guidelines when operating in Bolivia.

Bolivia’s economic progress in 2024 is anchored by essential sectors that are instrumental in its growth and development.

• Hydrocarbon Sector: The state-owned Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) plays a pivotal role in the production and distribution of hydrocarbons, with natural gas being a major export commodity.
• Mining Industry: Bolivia is a significant producer of minerals such as silver, zinc, and lithium, making the mining industry crucial for the country's export economy.
• Agriculture: The agricultural sector is vital, with substantial production of soybeans, sunflower seeds, cotton, and sugar cane, primarily in major cities like Santa Cruz and Cochabamba.

Despite the government's efforts to improve and expand these sectors, challenges such as a dollar shortage, declining natural gas production, and modest international reserves hinder growth initiatives and straining the foreign exchange market.