Bolivia is preparing for a presidential runoff election scheduled for October 19, 2025, between candidates Rodrigo Paz and Jorge "Tuto" Quiroga. The Bolivian Supreme Electoral Tribunal officially announced the second round following the initial vote. Both candidates have presented differing strategies to address the country's ongoing crisis, with a focus on economic recovery and governance reforms. Rodrigo Paz has expressed support for restoring democracy in Venezuela, while both candidates emphasize boosting Bolivia's natural gas production, which has declined from $6 billion in exports in 2014 to $1.6 billion in 2024. This increase in output aims to meet demand from Brazil, especially as Argentina reduces its gas imports. The runoff election could have significant implications for Bolivia's energy sector, particularly its gas exports. Additionally, the Interamerican Institute for Democracy has been active in promoting discussions on Bolivia's political and social challenges, including the presentation of a four-book collection titled "Destrucción documentada de Bolivia," which addresses issues such as organized crime and constitutional restoration. The Institute also plans events in Washington, D.C., to further explore democracy and freedom in the Americas. The election marks a potential shift, as Paz seeks to become Bolivia's first right-wing president in two decades, promising to advance exploitation of the country's large lithium deposits.