Although Bolivia’s eradication program is meeting its stated targets, when taken as a whole, Bolivia's eradication and interdiction results have not been sufficient to adequately reverse high coca cultivation and cocaine production levels. Bolivia's policy to consider 20,000 hectares of coca cultivation as licit, its intention to enact legislation to legalize the entire 20,000 hectares, and its withdrawal from the 1961 Convention contribute to the international view that Bolivia's efforts to meet its international CN obligations were insufficient.
From the BBC:
The United Nations says the production of coca leaves - the raw ingredient for cocaine - in Bolivia has dropped significantly over the last year.
The area used for cultivation of coca in the South American country is down by 12%, according to a report by the UN Office on Drugs and Crime.
This is the first such drop since President Evo Morales, a former coca producer, came into power in 2006.