Russia Eyes Trade Accord, Investment In Ecuador - Foreign Min
Thursday November 27th, 2008 / 19h49
QUITO -(Dow Jones)- Russian Foreign Minister Sergei Lavrov said Thursday that his country would pursue negotiations with Ecuador on a trade agreement and is interested in investing in its oil, gas and energy sectors, including nuclear energy. Lavrov met on Thursday with Ecuadorian President Rafael Correa and Foreign Minister Maria Isabel Salvador. Lavrov is the first Russian foreign minister to visit Ecuador. "Ecuador is becoming one of the most important commercial partners in the region together with Argentina, Venezuela and Brazil," Lavrov said at a press conference. Russia and Ecuador will start negotiations on a trade agreement in 2009, he said. Lavrov said that Russian companies are interested "in working with their Ecuadorian partners in many areas, such as petroleum, gas and energy, including nuclear energy, and in other areas." Salvador said that Ecuador is interested in obtaining financing for oil, electricity and road projects, among others. -By Mercedes Alvaro, Dow Jones Newswires; 59-39-9728-653; mercedes.alvaro@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=jeKC25kMyC6Amc39o%2BYVGQ%3D%3D. You can use this link on the day this article is published and the following day.
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