India and Bolivia have signed eight MoUs on the second day of President Ram Nath Kovind’s three-day visit to that country. These MoUs were signed in the fields of culture, Visa waiver arrangement for diplomats, the exchange between diplomatic academies, mining, space, traditional medicine, establishment of Centre of Excellence in IT and Bi-Oceanic Railway project.
President Ram Nath Kovind had extensive talks with his Bolivian counterpart today. During the delegation level talks, a range of areas of mutual interest in bilateral, regional and multilateral fields have been discussed.
Both countries have reaffirmed their commitment to strengthen political and economic engagement. India offered 100 million US Dollar Line of Credit to Bolivia for financing development projects. Both countries also agreed on the need for reform of the UN Security Council to make it reflective of contemporary realities.
President is in Bolivia on the second leg of his three nation tour. He is on a three-nation visit to Croatia, Bolivia and Chile from March 25th to April 4th.