Bolivia’s new President Luis Arce said Iranians are “always welcome” in the Latin American country, and that the two sides will keep strengthening cooperation, as he moved to repair the foreign relations damaged by the former interim government.
President Hassan Rouhani offered congratulations to Bolivian President-elect Luis Arce over his victory in the election, saying Iran is ready to revive relations and bolster cooperation with his government.
Iran praised Bolivia for holding peaceful presidential elections and returning to democracy following a yearlong power vacuum caused by the forced resignation of ex-president Evo Morales, saying Tehran is ready to boost friendly relations with La Paz.
Bolivia’s central bank reiterated its commitment to the nation’s currency peg and said its $6.5 billion international reserve levels are adequate, in a statement rejecting comments made by a Fitch Ratings analyst to Bloomberg News earlier this week.
A former foreign minister and a coca farmer are the front-runners to be on the ticket for exiled Bolivian president Evo Morales’ political party in the May elections in the South American country, officials said on Friday.