Jan. 13 (UPI) -- Bolivia's government and major labor and farm groups reached an agreement to end weeks of protests and road blockades that paralyzed the country, easing a standoff triggered by a disputed economic decree.

The administration of President Rodrigo Paz signed the accord with the Central Obrera Boliviana, known as the COB, the country's largest labor federation, along with peasant unions and other social groups.

The agreement calls for repealing the decree and creating a commission to draft a new measure that would keep fuel subsidies and review other provisions challenged by protesters.

Six cabinet ministers signed the document alongside representatives of the social organizations. Talks took place over the weekend in El Alto, a city neighboring La Paz that was among the areas hardest hit by road closures, according to Bolivian news outlet Erbol.

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