The six K-8 deal to Bolivia finalized.

After securing a 57.8 million dollars deal to sell six K-8 jet trainers to the Bolivian air force in October 2009 (here) , China has agreed to another 40 million dollar loan to the Bolivian engineering battalions.

The original news article in Spanish.

China financiar con 40 millones de dlares equipos para el Ejrcito boliviano

http://www.google.com/hostednews/epa/article/ALeqM5gDKmcYllHkD0EzXyAt3XfC_l0pBA

Por Agencia EFE

La Paz, 4 dic (EFE).- El Gobierno de China financiar con 40 millones de dlares el equipamiento de seis batallones de ingenieros del Ejrcito de Bolivia, anunci hoy el presidente Evo Morales al conmemorar el aniversario de una institucin de las Fuerzas Armadas.

El mandatario dijo en ese acto militar, celebrado en la ciudad de Cochabamba, que esta semana se aprob un decreto para que Bolivia adquiera el prstamo de China con el propsito de equipar a los ingenieros militares de La Paz, Tarija, Cochabamba, Pando y Oruro.

El prstamo de los 40 millones de dlares ser otorgado por el Export Import Bank of China y se destinar para equipos que permitan construir carreteras nacionales e internacionales en el pas.

Adems de este apoyo, China est asesorando a Bolivia en la construccin y puesta en orbita de un satlite propio.

Morales particip en el aniversario de la Corporacin de las Fuerzas Armadas para el Desarrollo Nacional (Cofadena), una entidad que realiza actividades productivas, pero que actualmente sufre falta de recursos.

Morales achac al "neoliberalismo" la situacin de "quiebra" de esa institucin productiva de las Fuerzas Armadas y prometi darle mas apoyo para fortalecer su crecimiento.

La Cofadena present hoy al Gobierno medio centenar de tractores que fueron ensamblados en sus instal! aciones y tiene como proyecto hacer lo mismo prximamente con mquinas iranes.

Al respecto, Morales dijo que tcnicos de Bolivia y de Irn adelantaron dilogos el pasado 24 de noviembre, cuando el mandatario iran, Mahmud Ahmadineyad, visit La Paz.
The Google-translated English.

China financed $ 40 million to the Bolivian Army equipment

By Agencia EFE - 6 days ago

La Paz, Dec 4 (EFE) .- The Chinese Government will finance $ 40 million with the team of six battalions of Army engineers Bolivia, today announced President Evo Morales to commemorate the anniversary of an institution of the Armed Forces.

The president said at the military ceremony held in the city of Cochabamba, which this week approved a decree that Bolivia acquires the loan from China for the purpose of equipping the military engineers of La Paz, Tarija, Cochabamba, Pando and Oruro .

The loan of $ 40 million will be granted by the Export Import Bank of China and will be used to build facilities for national and international roads in the country.

In addition to this support, China is assisting Bolivia in the construction and commissioning in orbit its own satellite.

Morales participated in the anniversary of the Corporation of the Armed Forces for National Development (Cofadena), an entity that carries out productive activities, but which currently suffers from lack of resources.

Morales blamed the "neoliberal" situation "bankruptcy" of the institution of the military production and promised to give more support to strengthen its growth.

The Government today introduced Cofadena fifty tractors were assembled on site and is planning to do so soon with Iranian machines.

In this regard, Morales said Bolivia's technical and Iran begin dialogue on 24 November, when Iranian President Mahmoud Ahmadinejad visited La Paz.





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