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Bolivia attracts Russian giants to invest in its economic development

Moscow, Oct 22 (EFE) .- The Foreign Minister of Bolivia, Rogelio Mayta, assured today that his country is very interested in the participation of large Russian corporations in the development of the national economy, when he met in Moscow with his Russian counterpart, Sergei Lavrov.

The head of Bolivian diplomacy described as “highly positive” the presence in the Andean country of state consortia such as the gas company Gazprom or the Russian nuclear agency, Rosatom.

“We have had a highly fruitful meeting. We continue to work on our broad bilateral agenda,” he said during the joint press conference.

Mayta, who delivered a message from Bolivian President Luis Arce to Lavrov to Kremlin chief Vladimir Putin, described bilateral relations as “excellent.”


To begin with, he expressed his confidence that senior Russian officials will participate in the joint commission meeting that should take place at the end of November or December in La Paz to “continue advancing in defining the bilateral agenda.”

One of the sectors with the greatest potential is energy, in which Gazprom has already been operating for years in the Incahuasi field, one of the largest in the Latin American country.

In addition, he revealed that this consortium has presented a proposal to participate in the public tender for the exploitation of lithium “through direct extraction technology”, called to reactivate its industrialization projects.

“It is being valued by the competent entities. We are sure that it will be very positive if it is carried out,” he said.

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