Subject: Bolivia Background
From: <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Cc: "Jay Rouse" <[email-masked]>, "Eric Schwerin" <[email-masked]>
Date: Sun, 06 Nov 2011 16:06:42 -0700

Talked to OAS and here is the background:

- This project was one initiated by the Bolivia government.  The bid called for construction and finance.  OAS was one of the firms that bid on the project and they won.  It was not a project initiated by the Brazil government or by OAS

- In order to fulfill the financing aspect of the project OAS brought BNDES

- There are three tranches (sections) to the project.  Section 2 goes through the area in question

- OAS has received a letter from the Bolivia government telling them to continue work on tranche 1 and tranche 3, while they figure out a solution for tranche 2.  The objective of the project is to of course connect all 3

- One option to go around this area in question would add 200+km to the project and the other solution is on unstable soil so it would increase the cost substantially to build in this area.  Thus, neither are ideal solutions for Bolivia

- OAS, BNDES, or Bolivia did not ignore the environmental/social studies and work that needs to be done on tranche 2.  It is a BNDES, OAS, and Bolivia government requirement to do this work.  However, as they have not gotten to tranche 2 that work has not been complete yet

- In regards to the Lula question brought up in the article, President Lula has been giving speeches all over the world since he left office.  He was in Bolivia as part of a 3 country speech tour, which was partly sponsored by OAS.  However, it was not in relation to this project.

Summary: It appears to be an issue where opposition to the project are trying to spin things in a way to help their cause.  However, one of the key things is that this project was not initiated by the Brazil Government or by OAS, but instead a project initiated by Bolivia and OAS won the bid.

Best,

John

-------- Original Message --------

Subject: Re: Fw:

From: Hunter Biden <[email-masked]>

Date: Sat, November 05, 2011 11:43 am

To: "[email-masked]" <[email-masked]>

Cc: Jay Rouse <[email-masked]>, Eric Schwerin

<[email-masked]>

Have you guys read the front page of the NYTs...unbelievable.

RHB

202.333.1880

On Nov 5, 2011, at 9:52 AM, [email-masked] wrote:

> FYI, seems this contact of Uzeda's could be helpful also - he is now mayor of Bogota. Jay do you know him?

> ------Original Message------

> From: Augusto Cesar Ferreira e Uzeda

> To: <[email-masked]>

> Subject: Re:

> Sent: Nov 4, 2011 9:32 PM

>

> Thanks john Ill wait for your recap about the trip. Just to let you know a friend of mine Gustavo Petro won the elections in Bogota and this could be very important for our business there.

>

> Enviado via iPhone

>

> Em 04/11/2011, às 22:35, "[email-masked]" <[email-masked]> escreveu:

>

>> Back in U.S., I will send you a short recap in the morning. It was a good trip.

>> Sent from my Verizon Wireless BlackBerry

>

> Sent from my Verizon Wireless BlackBerry

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