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News > Latin America

Bolivia's Evo Morales to Secure US$1B in Investments During Russia Visit

  • Evo Morales' visit to Russia is part of an international tour, in which he will also visit Holland and China.

    Evo Morales' visit to Russia is part of an international tour, in which he will also visit Holland and China. | Photo: Reuters

Published 13 June 2018
Opinion

After Russia, President Evo Morales will visit Holland and China.

Bolivian President Evo Morales arrived in Russia Wednesday to attend high-level meetings and finalize agreements to secure over US$1 billion in investments in the hydrocarbons sector, mining sector, and IT sector.

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At 2:00 p.m. he will meet his Russian counterpart Vladimir Putin, and at 8:00 p.m. he is scheduled to meet Russian businesspeople who are interested in investing in Bolivia. Evo will also meet with authorities of the Russian Ministry of Natural Resources and Environment and visit the headquarters of oil company Gazprom.

Via Twitter Morales announced “Pleased to have arrived in Moscow, Russia, as the first stage in a tour in which I will seek investments for Bolivia. We have been received with much hospitality. Today we will meet the brother president, Vladimir Putin, to discuss economic and political issues.”

According to public statements by Bolivia’s Foreign Minister Fernando Huanacuni, the two countries will also sign an agreement to modernize the Bolivian armed forces.

Evo’s visit to Russia is part of an international tour, in which he will visit Holland and China.

In Holland, Morales will visit Bolivia’s legal team in The Hague to finalize the country’s response to Chile’s international suit over the use of the waters and resources of the Silala river.

Chile and Bolivia have another pending case; Bolivia’s demand that Chile recognizes its right to a sovereign exit to the Pacific Ocean.  

In China, Morales will sign agreements to promote coffee, quinoa, and other exports.

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