Bolivian President: China will provide Bolivia a loan of $7 billion for infrastructure development

BUENOS AIRES, 17 October. /Corr. Elena Kondratieva/. China will provide Bolivia a loan of $7 billion for infrastructure, transport and electricity. On Friday said the Bolivian President, Evo Morales.

“The good news, (Vice President) Alvaro (Garcia Outliners) reported from China that guaranteed the Chinese loan of $7 billion for the development of roads, electricity and railway messages”, – quotes the President of the Bolivian Agency ABI.

“Now to Bolivia, with its stable economy, no one is mistrust,” said Morales.

According to him, when projects that were allocated $7 billion to be completed, the Chinese government will allocate a new loan of $10 billion.

According to local media reports, Pour on Friday concluded his three-day visit to China during which he met, in particular, with the Deputy Chairman of China Li yuanchao and Vice Premier of the state Council of the PRC Zhang gaoli. In the center of their talks were bilateral relations.