Relations With India
India's largest investment project in Latin America was the Jindal Steel and Power iron ore project worth US$2.1 billion and said to be the largest single module of any commercial direct reduction technology project in the world. However, there were hurdles when Bolivian Mines Minister Jose Pimentel said that an addendum may have been required for the Mutun iron ore reserves, amidst Morales' protective provisions in the new constititution to ensure foreign entrepreneurs do not gain an unfair advantage over underdeveloped resources. However, Jindal, later said that the project was back on track.
Read more about this topic: Foreign Policy Of Evo Morales
Famous quotes containing the words relations and/or india:
“When one walks, one is brought into touch first of all with the essential relations between one’s physical powers and the character of the country; one is compelled to see it as its natives do. Then every man one meets is an individual. One is no longer regarded by the whole population as an unapproachable and uninteresting animal to be cheated and robbed.”
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