Bolivia's Morales, China's Xi Sign 'Strategic Partnership'

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Bolivia’s President Evo Morales met with his Chinese Counterpart Xi Jinping on Tuesday to sign an agreement of “strategic partnership” that will significantly deepen economic and political ties between the Asian economic powerhouse and the Andean nation.

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Among the documents signed is a memorandum integrating Bolivia into the framework of China’s Belt and Road initiative, also known as the “New Silk Road.”

Xi Jinping said that Bolivia and China share a heritage as countries with ancient civilizations and that they can both learn from ancestral wisdom to understand today’s problems.

Morales also met with Chinese Premier Li Keqiang.

Bolivia solidified agreements for the export of several key agricultural products, such as quinoa and coffee, while China signed agreements to contribute to the construction of infrastructure projects, including a 200 million yuan (US$ 30,895,000) donation to finance the construction of a road through Bombeo Villa Tunari.

Morales praised China’s relations with Latin America, and said that “China’s support and aid to Bolivia’s economic and social development never attach any political conditions.”

Premier Li said that cooperation between China and Bolivia, as well as other Latin America countries, is an “integral part of South-South cooperation,” that can “safeguard the common interests of developing countries and boost world peace, stability and development.”

After meeting with several of China’s top legislators, Morales traveled to the Social Sciences Academy of China, where he presented a book recently translated into Mandarin Chinese about his life as a union leader, activist and politician.



Source

Latin America News

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