QUITO - Ecuador's President Lenin Moreno has revealed plans to launch a joint bid with Colombia and Peru to host the 2030 FIFA World Cup.

The proposal faces competition from another South American candidacy comprising Argentina, Uruguay, Paraguay and Chile.

"I have proposed to Presidents Ivan Duque [Colombia] and Martin Vizcarra [Peru] that we organize the World Cup in Ecuador, Colombia and Peru in 2030, the year in which South America is favored to host [the event]," Moreno said on Twitter.

He added that his government would provide the Ecuadorian Football Federation with the necessary support to "make Ecuador's dream come true," without providing details.

Neither Duque nor Vizcarra have commented on the proposal.

Argentina and Uruguay originally announced that they would vie for the 2030 World Cup more than two years ago. Paraguay joined the bid in October 2017 before Chile was officially added to the candidacy in March this year.

Other countries that have shown interest in hosting the 2030 World Cup are China, Britain and Ireland and a group comprising Morocco, Algeria and Tunisia.

The World Cup has never been held in Colombia, Ecuador, Peru or Paraguay. Uruguay, Chile and Argentina have each individually staged the World Cup once before: in 1930, 1962 and 1978 respectively.

The 2030 World Cup will be held 100 years after Uruguay won the tournament's inaugural edition as hosts.