12:40 GMT13 May 2021
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    Evo Morales said that Bolivia plans to get access to Russian investment, credit, and technology.

    LA PAZ (Sputnik) Bolivia plans to get access to Russian investment, credit, and technology, Bolivian President Evo Morales told Sputnik.

    "We want to get access to the subject of investment, credit and technology from Russia. Russia's presence is not only important in Bolivia for us, but also in Latin America, and will provide us with guarantees of economic emancipation," Morales said in an interview.

    Bolivia welcomes Russia's Gazprom as a partner to participate in gas and oil projects been developed by the country's companies, Evo Morales said.

    "We have many companies working in Bolivia as partners, they were owners before, in the filed of hydrocarbons in particular. But not now. We are partners… Gazprom is welcome as a partner of our companies, this is the model we have, and we agree," Morales said in an interview.

    Bolivia is inviting Russian companies to join in electrical projects to supply energy to third countries and guarantees investment security, Evo Morales said.

    "If any Russian private or state company wants to invest as a partner of Bolivian companies, [this is] welcome… Of course, these large-scale projects we have we cannot develop alone. We understand this. We need the presence of foreign investment. If we tell Russia 'welcome,' then it will have investment in Bolivia guaranteed by the [Bolivian] Constitution," Morales said in an interview.


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    investments, Evo Morales, Russia, Bolivia
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