Bolivia has declared Israel to be a “terrorist state” and renounced a visa exemption agreement with the country in protest over the ongoing Israeli military offense in Gaza which already killed more than 1,300 dead and left over 7,000 wounded.

LIVE UPDATES: Israel launches ground incursion in Gaza Strip

Canceling the 1972 agreement which allowed Israelis to travel freely to Bolivia “means, in other words, we are declaring (Israel) a terrorist state,” the country's President Evo Morales announced.

Morales explained that Operation Protective edge clearly shows that “Israel is not a guarantor of the principles of respect for life and the elementary precepts of rights that govern the peaceful and harmonious coexistence of our international community.”

The announcement came after a cabinet meeting of the government of Evo Morales which decided that; “The Bolivian state and people have made a firm decision to terminate the agreement on visas to Israel, from August 17, 1972, signed under a regime of dictatorship in Bolivia and that allowed Israeli citizens to enter Bolivia freely without even entry visa."

Earlier in July, Morales filed a request with the UN High Commissioner for Human Rights to prosecute Israel for “crimes against humanity.”

Other Latin American countries including Chile and El Salvador recalled their ambassadors in Israel on Tuesday for consultations due to the increased violence in the Gaza Strip against civilians. The move follows similar actions by Ecuador, Brazil and Peru who have also recalled their ambassadors.

Bolivia broke off diplomatic relations with Israel in 2009 over a previous military operation in Gaza.

Just on Wednesday morning shelling of a UN School in Gaza, left at least 20 dead. The incident has brought worldwide condemnation.

READ MORE: 20 killed in Israeli UN school shelling

United Nations Secretary General Ban Ki-moon has condemned a deadly attack by Israel against a UN school in the besieged Gaza Strip.

"It is outrageous. It is unjustifiable. And it demands accountability and justice," said the UN chief in Costa Rica on Wednesday.

The IDF military campaign which began July 8, so far has left more than 1,300 dead and over 7,000 wounded.