Complex sentence: Elected president in 2005, he instituted land confiscation, redistribution and nationalisation of key industries, scaling back U.S. involvement in Bolivia while building relationships with other nations in the Latin American Pink Tide and joining the Bolivarian Alliance for the Americas.
Split into simpler sentences: Elected president in 2005, he instituted land confiscation, redistribution and nationalisation of key industries. He scaled back U.S. involvement in Bolivia while building relationships with other nations in the Latin American Pink Tide and joining the Bolivarian Alliance for the Americas.