EXIAR (part of the group of companies of the Russian Export Center, REC) and the Ministry of Hydrocarbons of the Plurinational State of Bolivia signed a Memorandum of Understanding on attracting financing for the supply of gas-engine machinery. The Memorandum was signed by EXIAR’s CEO Alexey Tyupanov and the Minister of Hydrocarbons and Energy of Bolivia Luis Alberto Sanchez. Thanks to the support of EXIAR, new opportunities are created to promote products of leading Russian vehicle manufacturers on the Bolivian market. The Memorandum was signed in the office of Gazprom, PJSC in the presence of Alexey Miller, Chairman of the Gazprom Management Committee, and Evo Morales, President of the Plurinational State of Bolivia.
EXIAR is ready to provide maximum assistance in the implementation of Bolivia's plans to change the structure of the country's energy balance by increasing the share of motor vehicles on gasoline fuel with the involvement of Russian products and technologies. The Memorandum signed defines a joint action plan of the parties on arranging financing of export deliveries of Russian motor vehicles to the market of Bolivia