Construction is the fastest growing activity in that country
The Bolivian government will import Venezuelan cement to meet the shortage of the building material, as demand has grown in recent weeks, said Antonia Rodríguez, the Minister of Production Development, as quoted by AP.
She added that the Bolivian government will expedite trade agreements signed with Venezuela, including cement, to speed up imports of the product, the Bolivian Information Agency (ABI) reported.
Rodríguez did not specify the amount required.
Construction is the fastest growing economic activity in the country. Last year, it grew 7.3 percent and the current shortage of the product is apparently due to a 30 percent increase of demand.
Oil Scenario
HYDROCARBONS Rafael Ramírez, Venezuela's Minister of Petroleum and Mining and president of state-run oil company Petróleos de Venezuela (Pdvsa) specified that oil exports to China would be equal to current shipments of Venezuelan oil to the United States.
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