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Friday, August 18, 2017

Ecuador hints at interest in joint oil production with Belarus

Ecuador has expressed interest in taking part in joint oil production projects with Belarus, Igor Poluyan, the new Ambassador of Belarus to Ecuador, said last Friday.

Poluyan said Belarus has steadily been bolstering its ties to Latin American nations, reports BelTA.

"This is a huge market of 600 million people, which can give a boost to our export," Poluyan said, adding diversification is critical to the Belorussian economy, according to BelTA. "Ecuador is part of the large region, a very important and promising partner for us, a country that has large reserves of energy resources, skilled labor and that shows a practical interest in joint projects with Belarus both in terms of industrial production and also the production of natural resources--in particular, oil."